55/56 Penrose Ln Hot Springs, VA ^$ 179,900

55/56 Penrose Ln

^$ 179,900

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55/56 Penrose Ln

Hot Springs, VA, 24445

^$ 179,900

Bedrooms2 Baths2.0 Sq 1,804

Monthly Estimate*

^$ 1,077

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Multi-Family Home for sale in Hot Springs, VA

for $179,900 with 2 bedrooms and 2 full baths. This 1,804 square foot home was built in 1975 on a lot size of 0.55.

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 areas premier amenities, including the Homesteads ski areas, golf courses, Garth Newel Music Center, Warm Springs Pools, and local dining at Sam Sneads Tavern. With separate electric and water meters for each unit, you have the flexibility to live in one unit and rent the other. Dont miss out on this chance to own a multi-family property in a sought-after area!

Multi-Family Pending

Price

^$ 179,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 655

Style

Detached

Lot Size

0.55

Year Built

1975

Town/City

Hot Springs

County/Region

Bath

MLS | Web ID

653236

Features

Interior

Air Conditioning Central AC Heat Pump

Basement Crawl Outside Entrance

Total Number of Units 2

Kitchen Appliances Electric Range Refrigerator

General

Heating Electric Forced Air Heat Pump

Possession Rent Back Settlement

Roof Composition Shingle

Laundry Y/N Dryer Hookup Washer Hookup

Water Public Water

Zoning R-4 Residential (Low Cost)

HOA No

New Construction No

Subdivision NONE VA

Class MULTI-FAMILY

Type Detached

Green Features No

Access Private Road

Tax Year 2024

AVM No

Status Pending

Primary City Hot Springs

Year Built 1975

Directions Rt. 39 East to Hot Springs T/R on Virginia Hill T/L on Penrose Dr.

City HOT SPRINGS

Taxes 655

Middle School NONE

Legal Description TM# 72D 2 3 55 Penrose Dr. Hot Springs Va. 24445

High School Bath

DOM 202

Postal Code 24445

Price Per Sq Ft Total AG 99.72

Public Remarks 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 downto

Cable/Internet Available Cable

Exterior

Exterior Vinyl

Foundation Concrete Block

Sewer/Septic Public Sewer

Lot Size Area 0.55

Land Description Dead End Gently Rolling Open

* Excluded Features

List By

Real Estate Plus

Broker

boothde2@yahoo.com

Affordability Calculator

$1,132

Per Month

Monthly Principal & Interest: $1,077
Monthly Property Taxes: $55
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hot Springs, VA

Average List Price ^$192,500

Percent of Sale Price 7%

About Hot Springs, VA

679 Population

-2% Since 2002

^$46,993 Median Income

50.02 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3929411 Elementary School

4277353 Middle School

Bath High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/25/2024	$179,900	-6.55%	Price Down
5/23/2024	$192,500		Listed Price

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55/56 Penrose Ln, Hot Springs, VA, 24445 is a Multi-Family Home for sale at $179,900 with 1,804 sqft and a lot size of 0.55. 55/56 Penrose Ln has 2 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 24445 which is in Hot Springs, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Harrisonburg-Rockingham Association of REALTORS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Harrisonburg-Rockingham Association of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing. p>

Data is updated as of 12/22/2024.

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55/56 Penrose Ln

Multi-Family Home for sale in Hot Springs, VA

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