5656 Sam Snead Hwy, Hot Springs, VA 24445

Hot Springs
Local realty services provided by:ERA Valley Realty
5656 Sam Snead Hwy,Hot Springs, VA 24445
$359,000
  • - Beds
  • - Baths
  • 3,800 sq. ft.
  • Multi-family
  • Active
Listed by: myra beams
Office: real broker llc.
MLS#:683113
Source:CHARLOTTESVILLE

Price summary

  • Price:$359,000
  • Price per sq. ft.:$94.47

About this home

Excellent investment opportunity in Hot Springs! This fully occupied 4-unit apartment building offers immediate rental income with potential for increased returns. Each spacious unit features 1 bedroom, 1 bathroom, over 900 square feet of living space, and separately metered electricity. Currently generating $2,650 per month ($31,800 annually), the property offers upside potential, with existing rents reportedly below market rates. Situated on approximately one acre, the property may also offer additional development opportunities toward the rear of the lot, subject to applicable zoning and approvals. Conveniently located near The Omni Homestead Resort and downtown Hot Springs, this income-producing property presents an attractive opportunity for investors seeking steady cash flow and long-term appreciation potential. A great addition to any investment portfolio!

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Home facts

  • Year built:1900
  • Subdivision & Development:NONE
  • Listing ID #:683113
  • Added:1 day(s) ago
  • Updated:October 17, 2026 at 01:08 AM

Rooms and interior

  • Flooring:Carpet, Hardwood, Linoleum
  • Kitchen Description:Eat In Kitchen, Electric Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:3,800 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1900
  • Building area:3,800 sq. ft.
  • Lot area:1 Acres
  • Lot Features:Wooded
  • Architectural Style:Victorian
  • Foundation Description:Stone

Schools

  • High school:Bath
  • Middle school:NONE
  • Elementary school:Valley

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$359,000
  • Price per sq. ft.:$94.47
  • Tax amount:$1,661 (2026)

Features and amenities

  • Appliances:Electric Range, Refrigerator
  • Laundry features:Common Area, Dryer, Washer
  • Amenities:Screens, Smoke Detector(s)
“Based on information submitted to the MLS GRID as of October 17, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” "Listings courtesy of APPLICABLE MLS as distributed by MLS GRID.

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