Price: $359,000
Baths: 0
Living Area SqFt: 3,800
Status: Active
Property Type: Quadruplex
Lot Size Acres: 1
Lot Size SqFt: 43,560
Year Built: 1900
Neighborhood: None
Days on Website: 10

Courtesy of REAL BROKER LLC

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!

Open House

Property Details and Features

  • Property Access
  • Frontage Type: PublicRoad
  • Appliances & Equipment
  • ElectricRange
  • Refrigerator
  • Dryer
  • Washer
  • Basement
  • ExteriorEntry
  • Full
  • Unfinished
  • StorageSpace
  • Building
  • Built in 1900
  • Living area: 3800.0
  • Construction Materials: AluminumSiding
  • Cooling
  • WindowUnits
  • Disclosures
  • Disclaimer: The offer of compensation is made only to participants of the MLS where the listing is filed.
  • SellerDisclosure
  • Exterior Features
  • Patio/Porch Features: Concrete, FrontPorch, Patio, Porch
  • Floors
  • Carpet
  • Hardwood
  • Linoleum
  • Foundation
  • Stone
  • Heating
  • Baseboard
  • Electric
  • Home Owner’s Association
  • Amenities: Laundry, PicnicArea, Playground, Storage
  • Interior Features
  • EatInKitchen
  • Laundry
  • CommonArea
  • Listing
  • Listing ID: 683113
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Quadruplex
  • On market as of 2026-10-15
  • 1 day on market
  • Location
  • County/Parish: Bath
  • Lot
  • 1 acres
  • OpenLot
  • Wooded
  • Topography: Rolling
  • Owner Pays
  • CommonAreaMaintenance
  • Insurance
  • SnowRemoval
  • Sewer
  • Taxes
  • TrashCollection
  • Water
  • Possession
  • CloseOfEscrow
  • Property
  • Mountains
  • Residential
  • Roof
  • Architectural
  • Schools
  • Elementary School: Valley
  • Middle School: NONE
  • High School: Bath
  • Security Features
  • SmokeDetectors
  • Sewer
  • PublicSewer
  • Taxes
  • Parcel Number: 94A1-2-21
  • Annual Amount: $1,661
  • Legal Description: 94A1-2-21
  • Year: 2026
  • Zoning description: R-4 Residential (Low Cost)
  • Tenant Pays
  • Electricity
  • Utilities
  • Water Source: Public
  • Underground
  • Windows
  • Screens

Property Map

$359,000 – 5656 Sam Snead Hwy, Hot Springs, VA 24445

Street View

Nearby Schools

Request More Info

  • This field is for validation purposes and should be left unchanged.
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form

Request More Info

  • This field is for validation purposes and should be left unchanged.
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form

Similar Properties Nearby