90 Hatton Lane, Meherrin, VA 23954

Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
90 Hatton Lane,Meherrin, VA 23954
$495,000
  • - Beds
  • - Baths
  • 5,265 sq. ft.
  • Multi-family
  • Active
Listed by:marshall simpson
Office:re/max advantage plus
MLS#:2508043
Source:RV

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,

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Home facts

  • Year built:1973
  • Listing ID #:2508043
  • Added:181 day(s) ago
  • Updated:September 13, 2025 at 02:23 PM

Rooms and interior

  • Living area:5,265 sq. ft.

Structure and exterior

  • Roof:Asphalt
  • Year built:1973
  • Building area:5,265 sq. ft.
  • Lot area:2.66 Acres

Schools

  • High school:Prince Edward
  • Middle school:Prince Edward
  • Elementary school:Prince Edward

Utilities

  • Water:Well
  • Sewer:Aerobic Septic

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$94.02
  • Tax amount:$2,484 (2024)
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