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Residential > Multi-family
Active
05/28/2025
List Price
$495,000$94/ft²

90 Hatton Ln
Meherrin, VA 23954

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  • Malobo BannerMalobo Banner Square
    90 Hatton Ln, Meherrin, VA 23954 is a 9 bed, 5 bath, 5,265 ft² multi-family home house built in 1973 on a 2.660 acre lot. This multi-family home is currently listed for $495,000, and it was last sold in 2023 for $450,000.

    MLS Description

    The listing agent's description. Original Listing

    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

    Listing Agents

    The listing agent for 90 Hatton Ln is Parker Lamb.

    Current Ownership

    Information about the current owner(s).

    Property History

    90 Hatton Ln has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in 23954.

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    Copyright © 2025 South Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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