Great investment opportunity to own a small apartment complex with 4 completed and rented units. The full, walk out, basement has room for a 5th unit (studio), but it needs to be built out. Laundry for tenants is located in the basement and the washer/dryer are leased from a third party, not owned. The leasing contract has 2 more years left. 3 of the 4 units are currently leased, with the 4th being leased as of Feb. 1st. There is a "whole house" water filtration system installed. HVAC, roof, siding, and bathrooms updated/renovated 2-3 years ago. All appliances and all windows replaced 2-3 year ago. Most of the plumbing light fixtures, receptacles and light switches have been updated/upgraded. All united separately metered for electric. Close to Hampden-Sydney and Longwood Colleges.
Sold for $450,000 on 07/31/23
$450,000
90 Hatton Ln, Meherrin, VA 23954
--beds
0baths
5,265sqft
MultiFamily
Built in 1973
-- sqft lot
$-- Zestimate®
$85/sqft
$1,366 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Basement: Full
Interior area
- Total interior livable area: 5,265 sqft
- Finished area below ground: 1755
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Vinyl
- Frontage length: 0.0000
Lot
- Size: 2.66 Acres
- Features: Dead End Street, Sloped, Park Like
Details
- Parcel number: 091314
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Conventional Septic
- Water: Well
Community & neighborhood
Location
- Region: Meherrin
Other
Other facts
- WaterSource: Well
- Roof: Shingle
- AttachedGarageYN: true
- GarageYN: 1
- Basement: Full
- ConstructionMaterials: Frame, Block, Vinyl Siding, Drywall
- LotFeatures: Dead End Street, Sloped, Park Like
- FarmLandAreaUnits: Square Feet
- YearBuiltDetails: Actual
- ParkingFeatures: Off Street, Unpaved
- Appliances: Electric Water Heater
- BelowGradeFinishedArea: 1755
- FrontageLength: 0.0000
- PatioAndPorchFeatures: Front Porch, Rear Porch
- Sewer: Conventional Septic
- MlsStatus: Active
- TaxAnnualAmount: 1646.00