90 Hatton Ln Meherrin, VA 23954
Property details
About 90 Hatton Ln
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
Highlights
Summary
- MLS Number: 2508043
- MLS Name: CVR
- Office Name: RE/MAX Advantage Plus
- Office Phone: (434) 392-1999
- Office Email: marshallsimpson@remax.com
- Listing Agent: Marshall Simpson
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. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
90 Hatton Ln
$5,878
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 31, 2023 | Home Sold | $450,000 |
| Jan 10, 2018 | Home Sold | $95,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $487,000 | $2,337 |
| 2022 | $425,800 | $2,043 |
| 2021 | $417,900 | $2,005 |
| 2020 | $322,800 | $1,646 |
| 2019 | $322,800 | $1,646 |
| 2018 | $322,800 | $1,646 |
History based on county public records data.
Nearby schools
4
Prince Edward Elementary School
Public District PK-4
7.6 mi
•35 Eagle Dr
7
Eureka Elementary School
Public District PK-5
10.3 mi
•315 Eureka School Rd
5
Victoria Elementary School
Public District PK-5
16.4 mi
•1521 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,872. Typical income of Meherrin, VA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
This home is located at 90 Hatton Ln in Meherrin, VA and zip code 23954. This 5,265 square foot home, which was built in 1973, sits on a 2.66 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $495,000.