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Turnkey 5-Unit Multifamily Property

90 Hatton Lane Meherrin, VA 23954

90 Hatton Lane, Meherrin, VA, 23954
$495,000
Pending
For Sale
$495,000
Pending

MULTI_FAMILY - Meherrin, VA

Property Size5,265 SF
Lot Size2.66 Acres
Days on Market482

Property Features for 90 Hatton Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
5
Rooms
Bedroom 5, Bedroom 9, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 8, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 3
Standard status
Pending
Size
5,265 SF
Lot size
2.66 Acres

Utilities

Sewer type
Septic Tank
Cooling system
Central Air
Water source
Well

Building Details

Year built
1973
Roof type
Asphalt
Listing agency RE/MAX Advantage Plus
Listed by Parker Lamb · License #225237726
Added: Mar 28, 2025 Updated: Jul 20 at 8:29PM Checked: Jul 22 at 3:06PM
MLS# 57020

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This turnkey 5-unit multifamily property includes four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is equipped with central heat and AC, with the 1-bedroom unit using a mini-split system. Units have separate electric meters and covered rear porches. Recent improvements include a new drilled well installed in April 2024. The property is offered as-is and is currently fully occupied.

The address is 90 Hatton Lane in Meherrin, Virginia. The public remarks state the property has convenient access between Farmville and Keysville and features a private, serene setting.

The owner-paid expenses noted in the remarks are limited to lawn care and common area electricity, while tenant-paid utilities include electric, internet, and trash. Current management can continue if needed, and all tenants are occupied, so do not disturb residents.

Key Highlights

  • Fully occupied 5‑unit multifamily property with current 100% occupancy (please do not disturb tenants)
  • Unit mix: four 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
  • Generates $4,045/month in rental income and has tenant‑paid utilities (electric, internet, trash, etc.)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Electronics & Wireless Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turnkey 5-unit multifamily building with central heat and AC, separate electric meters, and covered rear porches.
Where is this apartment building located?
The property is located at 90 Hatton Lane Meherrin, VA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Fully occupied 5‑unit multifamily property with current 100% occupancy (please do not disturb tenants); Unit mix: four 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit; Generates $4,045/month in rental income and has tenant‑paid utilities (electric, internet, trash, etc.)
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