Discover this fantastic investment opportunity with a Hot Springs duplex, perfectly located near the renowned Omni-Homestead Resort! This income-producing property is within walking distance of downtown Hot Springs, offering easy access to the areaâ??s premier amenities, including the Homesteadâ??s ski areas, golf courses, Garth Newel Music Center, Warm Springs Pools, and local dining at Sam Sneadâ??s Tavern. With separate electric and water meters for each unit, you have the flexibility to live in one unit and rent the other. Donâ??t miss out on this chance to own a multi-family property in a sought-after area!
The median home value in Hot Springs, VA is $249,500. This is higher than the county median home value of $190,300. The national median home value is $338,100. The average price of homes sold in Hot Springs, VA is $249,500. Approximately 28.36% of Hot Springs homes are owned, compared to 8.29% rented, while 63.35% are vacant. Hot Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hot Springs real estate agent to arrange a tour today!
Hot Springs, Virginia has a population of 540. Hot Springs is less family-centric than the surrounding county with 18.75% of the households containing married families with children. The county average for households married with children is 26.81%.
The median household income in Hot Springs, Virginia is $48,558. The median household income for the surrounding county is $55,807 compared to the national median of $69,021. The median age of people living in Hot Springs is 56.1 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 42.3 inches per year, with 28.8 inches of snow per year.