About This Home

This 4-bedroom, 4-bathroom residential multi family at 5656 Sam Snead Highway in Hot Springs, VA is listed for $359,900 ($95 per sqft). Built in 1909, the home offers 3,800 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 1909
  • 1.00 acre lot

Property Details

4 full
1909

Amenities

A/C
Listing 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 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. 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!

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

5656 Sam Snead Highway

Hot Springs, VA 24445

Features & Amenities

Exterior Features

Balcony/PatioCoin LaundryPaved Street

Property Details

Flooring

VinylCarpetWood

Construction

Asbestos

Outdoor Features

Patio

Heating

BaseboardElectric (Heating)

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 5656 Sam Snead Highway is listed at $359,900 ($95/sqft). The estimated monthly payment is $1,925 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1909, 1.00 acre lot. Exterior Features: Balcony/Patio, Coin Laundry, Paved Street.

This property is listed by Myra Beams.

MB

Myra Beams

Agent at Real Broker LLC

Listed by Real Broker LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 140381· Source: Rockbridge Highlands Realtors· 6 days on PropertySimple

Copyright © 2026 Rockbridge Highlands Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5656 Sam Snead Highway, Hot Springs, VA 24445

Open this listing in: