VA
Prince Edward
Meherrin
23954
90 Hatton Lane
90 Hatton Lane, Meherrin, VA 23954
Share Listing
Listing Type
Multi Family
Listing Status
active
29
$495,000

Home Details for 90 Hatton Lane

Price
$495,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
5265
Year built
1973
Lot size acres
2.66
County
Prince Edward
Garage
Basement
Full, Partially Finished
Days on site
180
MLS Listing#
2508043
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 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

View Virtual Tour
Property Features
  • Parking
    • Unpaved
    • Circular Driveway
    • Driveway
    • Paved
  • Basement
    • Full
    • Partially Finished
  • Water Features
    • Well
School Information
School Information for 90 Hatton Lane, Meherrin, VA 23954
Elementary School
Prince Edward
Middle School
Prince Edward
High School
Prince Edward
Listing Courtesy: RE/MAX Advantage Plus - 434-392-1999
Presented by: Marshall Simpson
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 Copyright © 2025 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Last Updated: 2025-09-20 05:30:44
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Central Virginia Regional MLS.
EXIT REALTY SUCCESS
605 Research Rd. Suite E., North Chesterfield, VA 23236
Jane Renger
Franchisee
Office
804 924 2171
Agent
804 397 9796
Request more details
Code: