55-56 Penrose Drive

Hot Springs, VA 24445

$192,500
Price
2
Beds
2
Baths
1,804 Sq. Ft.
$107 / Sq. Ft.
1,804
Sq. Ft.
$107
per Sq. Ft.

Description

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 area’s premier amenities, including the Homestead’s ski areas, golf courses, Garth Newel Music Center, Warm Springs Pools, and local dining at Sam Snead’s Tavern. With separate electric and water meters for each unit, you have the flexibility to live in one...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 area’s premier amenities, including the Homestead’s ski areas, golf courses, Garth Newel Music Center, Warm Springs Pools, and local dining at Sam Snead’s Tavern. With separate electric and water meters for each unit, you have the flexibility to live in one unit and rent the other. Don’t miss out on this chance to own a multi-family property in a sought-after area!
  1. Listed by DARIS BOOTH • REAL ESTATE PLUS
    P: (540)-294-2548 boothde2@yahoo.com

Property Details for 55-56 Penrose Drive

Subdivision
NONE
Directions
Rt. 39 East to Hot Springs, T/R on Virginia Hill, T/L on Penrose Dr.
Water
Public Water
Zoning
R-4 Residential (Low Cost)
LISTING UPDATED: 11/07/2024 02:20 PM

Property Details for 55-56 Penrose Drive

StatusActive
MLS #653236
Days on Market168
Taxes$655 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Detached
Year Built1975
Lot Size0.55 AC / 23,958 SF
CountyBath County

Building Information for 55-56 Penrose Drive

Stories-Residences-Year Built1975Building Size-Lot Size0.55 AC / 23,958 SF

Property Information for 55-56 Penrose Drive

Summary
Location and General Information
  • County/Incorporated City: Bath
Taxes and HOA
  • Tax Year: 2024
  • Taxes: $655.00
  • Association: No
  • Assn Setup/Transfer Fees: $.00
  • Parcel Number: Tm# 72D 2 3
School Information
  • Elem School: Valley
  • High School: Bath
  • Middle School: NONE
Property
Lot Information
  • # of Acres: 0.55
  • Price Per SQFT: $106.71
  • Land Description: Dead End, Gently Rolling, Open
  • Foundation: Concrete Block
Property and Assessments
  • Class: MULTI-FAMILY
  • Property Type: Detached
  • Property Included: kit elec stove, refrigerator, (x2)
  • Year Built: 1975
  • New Construction: No
  • Legal Description: TM# 72D 2 3 55 Penrose Dr., Hot Springs, Va. 24445
  • Road Maint: 0.0
  • Lockbox: Other
  • Occupied By: Owner
  • Agent Hit Count: 90
  • Client Hit Count: 5
  • Listing Services: Exclusive Right to Sell
  • Possession: Rent Back, Settlement
  • Cable/Internet Available: Cable
  • Access: Private Road
Green Features
  • Green Features: No
Utilities
  • Sewer/Septic: Public Sewer
Interior and Exterior Features
Exterior Features
  • Roof: Composition Shingle
  • Structure-Floors: Laminate, Vinyl
  • Exterior: Vinyl
  • Structures-Deck/Porch: Deck, Porch - Rear
Interior Features
  • Structure-Window/Ceiling: 8' Ceilings
  • Basement: Crawl, Outside Entrance
  • Air Conditioning: Central AC, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Kitchen Cabinets/Counters: Solid Surface Counter, Wood Cabinets
  • Laundry: Dryer Hookup, Washer Hookup
Multi Family
Multi-Family Information
  • # of Units: 2
Unit 1
  • Unit 1: Type: 1 Bed Apt
  • Unit 1: # Beds: 1.00
  • Unit 1: # SQFT: 902.0
  • Unit 1: # Baths: 1.00
  • Unit 1: # Units: 1
Unit 2
  • Unit 2: Type: 1 Bed Apt
  • Unit 2: # Beds: 1.00
  • Unit 2: # SQFT: 902.0
  • Unit 2: # Baths: 1.00
  • Unit 2: # Units: 1
Income and Expenses
  • Other Income/Mo: $0

Property History for 55-56 Penrose Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 55-56 Penrose Drive

Rating
School
Type
Grades
Distance
Public - PK to 7
Public - 8 to 12
Public - PK to 7
Rating
School
Distance
Valley Elementary School
PublicPK to 7

Bath County High School
Public8 to 12

Millboro Elementary School
PublicPK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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55-56 Penrose Drive is a multi-family home for sale in Hot Springs, VA 24445. This property was listed for sale on May 23, 2024 by REAL ESTATE PLUS, it's currently listed at $192,500. Nearby schools include Valley Elementary School, Bath County High School and Millboro Elementary School. 55-56 Penrose Drive is a 2-bed, 2-bath, 1,804 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REAL ESTATE PLUS, DARIS BOOTH

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.