1501 Farlow Rd, Raleigh, NC 27603

Farlow Rd Investment Package – Raleigh, NC Addresses: 1425 Farlow Rd 1429 Farlow Rd 1501 Farlow Rd 1507 Farlow Rd Package Overview: 4 rental properties being sold as a bundle Located in quiet Southern Acres neighborhood, ~7 miles (15 min) from Downtown Raleigh. Close to shopping(Costco/Walmart/Harris Teeter). Easy access to I-540, RDU & downtown Pricing: Package: $400,000 ($100K per property) Rental Income: 1425 Farlow Rd – $1050/mo 1429 Farlow Rd – $850/mo 1501 Farlow Rd – $950/mo 1507 Farlow Rd – $950/mo Total: $3,800/mo | $45,600/year Approx. Gross Yield: 11.7% Property Details: 3 older manufactured homes + 1 newer (1997) Lots: ~Approximately 0.5 acres each (total ~2 acres) 1425 Farlow Rd – 2BR / 2BA, new shingle roof (2025) Metal roofs on others, seal coated 2025 Independent septic systems & well water Utilities & Expenses: Tenants pay electricity & internet Owner pays trash (~$15/mo) + well electricity (~$40/mo) Tenants: All long-term, responsible renters Leases in place, pay on time Investment Opportunity: Keep as cash-flow rentals Replace with new manufactured homes Build craftsman-style houses Small mobile home park or land assemblage Please see the pictures and detailed information by clicking on the link from the Virtual tour URL link.