90 Hatton Ln, Meherrin, Virginia 23954 - $495,000
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
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
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
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Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. RE/MAX Advantage Plus represents the interest of the seller (434) 392-1999 2508043. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
For buyer representation by Virginia Estates contact Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.