90 Hatton Lane, Meherrin, VA 23954

Local realty services provided by:CENTURY 21 Realty @ Home
90 Hatton Lane,Meherrin, VA 23954
$495,000
  • 9 Beds
  • 5 Baths
  • 5,265 sq. ft.
  • Multi-family
  • Pending
Listed by: parker lamb, marshall simpson
Office: re/max advantage plus
MLS#:57020
Source:VA_SCAR

Price summary

  • Price:$495,000
  • Price per sq. ft.:$94.02

About this home

Turnkey 5-Unit Multifamily Investment – Strong Cash Flow & 100% Occupied! This fully occupied 5-unit multifamily property is a high-performing asset with a strong rental history and low vacancy rate—a true cash-flowing investment! The building consists of four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, generating a solid $4,045/month in rental income. Recent upgrades include a new drilled well (April 2024), ensuring long-term reliability. Each unit is equipped with central heat and AC (mini-split system in the 1-bedroom unit), separate electric meters, and covered rear porches. The property offers privacy and a serene setting while maintaining convenient access between Farmville and Keysville, making it an attractive option for renters. Investors will appreciate the tenant-paid utilities (electric, internet, trash, etc.), minimizing owner expenses. The owner only covers lawn care and common area electric, maximizing net operating income. This property is...

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Home facts

  • Year built:1973
  • Listing ID #:57020
  • Added:479 day(s) ago
  • Updated:July 21, 2026 at 01:07 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:5,265 sq. ft.

Heating and cooling

  • Cooling:A/C Central

Structure and exterior

  • Roof:Asphalt
  • Year built:1973
  • Building area:5,265 sq. ft.
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$94.02