Hot Springs VA Multi Family for Sale

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Type:
Single Family-Detached
Sq.Ft.:
1,804
Status:
Active
Beds:
n/a
Lot size:
0.55 Acres
Year built:
1975
Baths:
MLS#:
653236

ADDITIONAL INFORMATION

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!

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Information is provided by Charlottesville Area Association of Realtors®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interestedin purchasing. Copyright © 2024 Charlottesville Area Association of Realtors®. All rights reserved.




Hot Springs Real Estate

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.

Hot Springs Weather

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.

Hot Springs Real Estate Market Conditions

  • Median sales price

    $249,500
    14.6% change since last quarter
  • # Active listings

    18
    30-day change

Hot Springs Schools and Demographics

Education near Hot Springs, VA

Metric City County
High School Graduates 86.93 85.15
College Degree - 2 year 14.04 9.06
College Degree - 4 year 15.25 18.63
Graduate Degree 5.57 4.56
Expenditures per Student 19,272 19,272
Students per Teacher 10 10

Elementary Schools near Hot Springs, VA

School Grades Students P/T Ratio ZIP
Callaghan Elementary School PK - 05 213 11 24426
Eagle Rock Elementary School PK - 05 154 12.4 24085
Edgemont Primary School PK - 03 384 14.3 24426
Millboro Elementary School PK - 07 132 13.2 24460
Mt View Elementary PK - 05 548 12.6 24426
Sharon Elementary School PK - 05 198 11.7 24422
Valley Elementary School PK - 07 222 11.1 24445

Middle Schools near Hot Springs, VA

School Grades Students P/T Ratio ZIP
Clifton Middle School 06 - 08 531 10.9 24426
Jeter-Watson Intermediate School 04 - 07 283 13.8 24426

High Schools near Hot Springs, VA

School Grades Students P/T Ratio ZIP
Alleghany High School 09 - 12 840 15.4 24426
Bath County High School 08 - 12 258 9.2 24445
Covington High School 08 - 12 335 13.2 24426

Ungraded Schools near Hot Springs, VA

School Grades Students P/T Ratio ZIP
Jackson River Gov. School UG - UG 0 24422
Jackson River Tech Center UG - UG 0 24426

Demographics near Hot Springs, VA

Metric City County
Neighborhood Type Small Town
Population 540 4,243
Population Density 97 8
Median Age 56.1 50.9
People per Household 1.9 2.2
Median Household Income 48,558 55,807
Average Income per Capita 26,909 31,431