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90 Hatton Lane

Meherrin, VA 23954
  • $495,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 2508043
UPDATED: 29 min ago
$495,000
  • 0
    BEDS
  • 2.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,265
    SQFT
  • $94
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Information

Elementary School:
Middle School:
High School:

Description

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 ratea 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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Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-28T07:57:13.45.
www.kevincurriegroup.com/homes/161990244
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90 Hatton Lane Meherrin, VA 23954

  • Price: $495,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 29 min ago
  • MLS #: 2508043
0
Beds
0
Baths
0
½ Baths
2.66
Acres
5,265
SQFT
$94
$/SQFT
1973
Built
Neighborhood:
None
County:
Prince Edward
Area:
300 - Prince Edward
Elementary School:
Prince Edward
Middle School:
Prince Edward
High School:
Prince Edward
Property Description
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 ratea 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
Exterior Features

Architectural Style Other Low Rise Construction Materials Block Vinyl Siding Exterior Features Unpaved Driveway Garage YN No Levels Two Parking Features Circular Driveway Driveway Unpaved Patio And Porch Features Rear Porch Roof Asphalt Waterfront YN No

Interior Features

Basement Full Partially Finished Basement YN Yes

Property Features

Disclosures Owner Is Listing Agent Occupant Type Tenant Ownership Corporate Property Sub Type Multi Family Sewer Aerobic Septic Special Listing Conditions Corporate Listing Tax Annual Amount 2483.7 Tax Lot 14 Tax Year 2024 Water Source Well Year Built Details Approximate

Central Virginia Regional MLS logo Listing provided by RE/MAX Advantage Plus: (434) 392-1999. Listing information © 2025 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-28T07:57:13.45.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221