Homes for sale - 90 Hatton LN, Meherrin, VA 23954

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Tracy Girard

[email protected] +1(804) 400-0456

$ 495,000

Est. payment | -/mo

5,265 SqFt

Save Virtual Tour

$ 495,000

Est. payment | -/mo

Save Virtual Tour

5,265 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,265 sqft

Price per Sqft $94

MLS Listing ID 2508043

Style Other,Low Rise

Construction Status Approximate

HOA Y/N No

Year Built 1973

Annual Tax Amount $2,483

Tax Year 2024

Lot Size 2.660 Acres

Acres 2.66

Property Sub-Type Multi Family

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

Location

State VA

County Prince Edward

Area 300 - Prince Edward

Rooms

Basement Full, Partially Finished

Exterior

Exterior Feature Unpaved Driveway

Roof Type Asphalt

Porch Rear Porch

Garage No

Building

Story 2

Sewer Aerobic Septic

Water Well

Architectural Style Other, Low Rise

Level or Stories Two

Structure Type Block,Vinyl Siding

Construction Status Approximate

Schools

Elementary Schools Prince Edward

Middle Schools Prince Edward

High Schools Prince Edward

Others

Tax ID 091-3-14

Ownership Corporate

Special Listing Condition Corporate Listing

Virtual Tour https://www.youtube.com/shorts/-x2rvlBjySY

Listed by RE/MAX Advantage Plus

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(804) 400-0456

[email protected]

1765 Greensboro Station Pl, McLean, VA, 22102, USA

90 Hatton LN Meherrin, VA 23954