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 being sold as-is, current owner is looking to do a 1031 exchange into another property. All units are occupied-please do not disturb tenants. Current management can continue if needed. Owner/Agent...
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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
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