Seller's Agent in 2026
Parker Lamb
RE/MAX
(434) 326-7912
10 Total Sales
90 Hatton Ln Meherrin, VA 23954
9
Beds
5
Baths
5,265
Sq Ft
2.66
Acre Lot
About This Home
As of July 2026Turnkey 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
Last Agent to Sell the Property
RE/MAX Advantage Plus Brokerage Phone: 4343921999 Listed on: 03/28/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 2.66 Acre Lot
Home Design
- 5,265 Sq Ft Home
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Utilities
- Central Air
- Heating Available
- Natural Gas Not Available
- Well
- Septic Tank
Listing and Financial Details
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 15, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 10, 2018
Closed on
Dec 19, 2017
Sold by
Bought by
Seller's Agent
Navona Hart
Century 21 Realty @ Home
Buyer's Agent
Non Member Agent
Non Member Office
Sold Price
$95,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | None Listed On Document | |
| Gift Deed | -- | None Available | |
| Warranty Deed | $95,000 | Powhatan Real Est Stlmnts |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $460,000 | New Conventional | |
| Previous Owner | $220,000 | New Conventional | |
| Previous Owner | $76,000 | Commercial | |
| Previous Owner | $188,267 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | Sold | $450,000 | -9.1% | $85 / Sq Ft | |
| 07/21/2026 07/21/26 | Pending | -- | -- | -- | |
| 10/05/2025 10/05/25 | Off Market | $495,000 | -- | -- | |
| 03/28/2025 03/28/25 | For Sale | $495,000 | +421.1% | $94 / Sq Ft | |
| 01/10/2018 01/10/18 | Sold | $95,000 | -- | $18 / Sq Ft | View Prior Sale |
Source: South Central Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,548 | $636,900 | $24,200 | $612,700 |
| 2024 | $2,484 | $487,000 | $17,300 | $469,700 |
| 2023 | $2,338 | $487,000 | $17,300 | $469,700 |
| 2022 | $2,044 | $425,800 | $17,300 | $408,500 |
| 2021 | $2,006 | $417,900 | $17,300 | $400,600 |
| 2020 | $1,646 | $322,800 | $15,300 | $307,500 |
| 2019 | $1,646 | $322,800 | $15,300 | $307,500 |
| 2018 | $1,646 | $322,800 | $15,300 | $307,500 |
| 2017 | $1,646 | $322,800 | $15,300 | $307,500 |
| 2016 | $1,646 | $322,800 | $15,300 | $307,500 |
| 2015 | $1,582 | $322,800 | $15,300 | $307,500 |
| 2014 | $2,010 | $427,700 | $20,000 | $407,700 |
| 2013 | $1,796 | $427,700 | $20,000 | $407,700 |
Source: Public Records
Agents Affiliated with this Home
-
Parker Lamb
-
Marshall Simpson
Seller Co-Listing Agent in 2026
Marshall Simpson
RE/MAX
(434) 547-6193
207 Total Sales
-
Ben Manis
Buyer's Agent in 2026
Ben Manis
RE/MAX Advantage Plus
(434) 547-2064
92 Total Sales
-
Navona Hart
Seller's Agent in 2018
Navona Hart
Century 21 Realty @ Home
(434) 390-4004
351 Total Sales
-
N
Buyer's Agent in 2018
Non Member Agent
Non Member Office
Map
Source: South Central Association of REALTORS®
MLS Number: 57020
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