5656 Sam Snead Hwy, Hot Springs, VA

Name: 5656 Sam Snead Hwy, For Sale in Hot Springs - Zoocasa
Brand: REAL BROKER LLC
SKU: 683113
Price: 359000 USD

House

For Sale

Listed price in listed location currency (USD).

$359,000

000

MLS® 683113

Overview

Key Facts

Type Quadruplex

Levels Residential

Size 3800 sqft

Garage

Taxes $1,661

Days Active 7

Lot Size 1 Acres

Approx. Age 1900

Avg. Price Per Sqft $94

MLS® Number 683113

Property Address: 5656 Sam Snead Hwy, Hot Springs, VA, 24445-2776

Average square foot calculated using Size range provided by listing agent.

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!

MLS® Number683113

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

BasementExterior Entry, Full, Unfinished, Storage Space

Driveway

Garage Spaces

HeatBaseboard, Electric

A/CWindow Units

Extras

Map

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