multiFamily

5656 Sam Snead Highway, Hot Springs Va 24445
  • $359,900
  • MLS #:140381


Square Ft:
  • 3,800 finished
  • 0.00 unfinished
Neighborhood:
  • None

Property Type: multiFamily
Area: Bath
Year Built: 1909
Design: Apartment House
Exterior: Aluminum, Asbestos
Roof: Shingle
Utilities: Electric, Public Water
Cooling: Window Unit(s)
Heating: Baseboard Electric
Floors: Carpet
Basement: Interior Access, Partial, Unfinished
Features: Balcony/Patio, Coin Laundry, Paved Street
Annual Taxes: 1661.00
Tax Year: 0
Directions: USE GPS to 5656 Sam Snead Hwy, Hot Springs, VA 24445
First Floor Master Bedroom: Annual
Conservation Easement: No
Covenants: No Deed Restrictions
Deed Book: 391
Elementary School: Valley Elementary
Middle School: N/A
High School: Bath County High
Historic: No
Plat: No
POA: No
Road Maintenance Agreement: No
Rooms: 4
Subdivision? No
Tax Map #: 94A1-2-21
Tax Rate: 0.67
Zoning: Residential
Lot #: Annual
Average Rental: 601 - 700
Owner Expenses: Insurance, Lawn Care, Sewer, Snow Removal, Water
Rental Type: Annual
Road Surface: Paved
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 sq ft of living space, & separately metered electricity. Currently generating $2 ,650 per month ($31,800 annually), the property offers upside potential, w/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 & approvals. Conveniently located near The Omni Homestead Resort & downtown Hot Springs, this income-producing property presents an attractive opportunity for investors seeking steady cash flow.

Updated: 11/06/26
Status: Active
Courtesy of
Real Broker LLC

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