5656 SAM SNEAD HWY
Multi-Family $ 359,000

5656 SAM SNEAD HWY

Hot Springs, VA 24445

  • 3,800 SqFt
  • 1 Lot Size
  • 1900 Year Built
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!
Listed by REAL BROKER LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 800 sqft

    Price per Sqft $94

    MLS Listing ID 683113

    Style Victorian

    HOA Y/N No

    Year Built 1900

    Annual Tax Amount $1,661

    Tax Year 2026

    Lot Size 1.000 Acres

    Acres 1.0

    Property Sub-Type Quadruplex

  • Location

    State VA

    County Bath

    Zoning R-4 Residential (Low Cost)

    Direction Sam Snead Hwy

  • Rooms

    Basement Exterior Entry, Full, Unfinished, Storage Space

  • Building

    Lot Description Open Lot, Wooded

    Foundation Stone

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Interior Features Eat-in Kitchen

    Heating Baseboard, Electric

    Cooling Window Unit(s)

    Flooring Carpet, Hardwood, Linoleum

    Fireplace No

    Window Features Screens

    Appliance Electric Range, Refrigerator, Dryer, Washer

    Laundry Common Area

  • Exterior

    Utilities Available Other

    Amenities Available Laundry, Picnic Area, Playground, Storage

    View Y/N Yes

    Water Access Desc Public

    View Mountain(s), Residential

    Roof Type Architectural

    Topography Rolling

    Porch Concrete, Front Porch, Patio, Porch

    Road Frontage Public Road

  • Schools

    Elementary Schools Valley

    Middle Schools None

    High Schools Bath

  • Others

    Senior Community No

    Tax ID 94A1-2-21

    Security Features Smoke Detector(s)

CONTACT

Myra R Beams
Myra R Beams

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