214 Wilkerson Dr

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Property Details

19 Total Units
9 Duplexes: 2 units each, 1 bed/ 1 bath, 502 sq ft/each.

1 Single-family: 3 bed/ 2 bath, 1,008 sq ft.

Lot Size: ~1.5 acres,
1 Parcel = 6 houses.
1 Parcel = 4 houses.
1950 Build.

Condition:
New Metal Roof: 2024 - 2025
HVAC: 2024 - 2025
13 units fully renovated.
6 units (3 buildings still need rehab).
All units have new roofs and windows.

3 units already leased ($550 & $600) and generating immediate income.

Value-Add Opportunity: 6 remaining units offer instant equity potential through renovation. Current rentals are significantly below current Section 8 Fair Market Rents. Plenty of land in the back for more units, a parking lot, playground, grill pit, etc.

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Resources:

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