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5656 Sam Snead Hwy, 
Hot Springs, VA 24445

$359,000

—

Bed

—

Bath

3,800

Sq Ft

Multi-Family

Active

Listed by

Myra Beams

Real Broker LLC.

855-450-0442

Last updated:

October 17, 2026, 01:08 AM

MLS#

683113

Source:

CHARLOTTESVILLE

About This Home

5656 Sam Snead Hwy

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!

Home Facts

Multi-Family

Built in 1900

Subdivision & Development:

NONE

Price Summary

359,000

$94 per Sq. Ft.

MLS #:

683113

Last Updated:

October 17, 2026, 01:08 AM

Added:

11 day(s) ago

Structure

Structure

Architectural Style:

Victorian

Building Area:

3,800 Sq. Ft.

Year Built:

1900

Lot

Lot Size (Sq. Ft):

43,560

Finances & Disclosures

Finances

Price:

$359,000

Price per Sq. Ft:

$94 per Sq. Ft.

Source:CHARLOTTESVILLE
“Based on information submitted to the MLS GRID as of October 17, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” "Listings courtesy of APPLICABLE MLS as distributed by MLS GRID.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.