BEDS0
BATHS
MLS#683113
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: Baseboard, Electric
Home Style: Victorian
Lot Size: 1.00 Acres
Roof Type: Architectural Style
Taxes: $1,661
Year Built: 1900
Feature Descriptions
Basement: Full, Outside Entrance, Unfinished
Common Amenities: Extra Storage, Laundry Room, Picnic Area, Play Area
Days on Site: 3
Exterior: Aluminum
Flooring: Carpet Over Wood, Linoleum
Foundation: Stone
Kitchen: Wood Cabinets
Laundry: Dryer, Shared, Washer
Lot: Gently Rolling, Open, Partly Wooded
Lot Dimensions: 1 Acre(s)
Sewer: Public Sewer
Water: Public Water
Windows: 9' Ceilings, Screens
Wooded: Yes
Local Schools
High School: Bath
Middle School: NONE
Elementary School: Valley
Listed By / Shown By
Listed By
Agency Name: REAL BROKER LLC
Agency Phone: 855-450-0442
Shown By
Agent Name: Kendall Shifflett
Agent Phone: Cell: (540) 271-2153
Agency Title: Montague Miller & Co. Realtors
Estimate Your Payment
Estimated Payment
$ 1,042.10 per month $798.98 Principal & Interest $138.42 Property Tax $104.71 Homeowner's InsuranceChange Payment Information
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agency License Information: Montague, Miller & Co. is licensed in the state of Virginia.
5656 Sam Snead Hwy | MLS# 683113
This multi-family property located at 5656 Sam Snead Hwy, Hot Springs, VA 24445 is currently listed for sale with an asking price of $359,000. Search Hot Springs real estate on kshifflett.montaguemiller.com today.