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$495,000
72 Days On Site

90 Hatton Lane
Meherrin, VA 23954

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,265
SqFt
$94
/SqFt
1973
Built
Subdivision:
None
County:
Prince Edward
Listing courtesy of RE/MAX Advantage Plus 4345476193
Call Now: (804) 909-2346
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(804) 909-2346
90 Hatton Lane90 Hatton Lane90 Hatton Lane90 Hatton Lane
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Monthly Payment (Est.)

$2,258
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$495,000
Days On Site 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,265 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.66 Acres
Year Built 
1973
MLS® Number 
2508043
Status 
Active
Property Tax 
$2,483.7
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
2.66
Disclosures 
Owner Is Listing Agent
Number Of Stories 
2
Parking 
UnpavedCircular DrivewayDrivewayPaved
Property Sub Type 
Multi Family
Sewer 
Aerobic SepticSeptic Tank
SqFt Below 
1755
Stories 
Two
Style 
Other, Low Rise
Water Source 
Well
Interior Features
Basement 
FullPartially Finished
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Exterior Features
Construction Details 
BlockVinyl Siding
Patio And Porch 
Rear PorchPorch
Roof 
Asphalt
Community Features
MLS Area 
300 - Prince Edward
Schools
School District
Unknown
Elementary School
Prince Edward
Middle School
Prince Edward
High School
Prince Edward
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 IDX information is provided exclusively 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. 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.



Last checked 2025-06-08 08:24 PM UTC.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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