Wake County, Raleigh, NC 27610

The Package: Cash flow from day one with multiple paths to maximize returns. Collect rent now, develop the back lots, and either keep the front as-is or redevelop the whole thing. What's Included: White house + Garage/ADU (front lot) 2 developable flag lots in the rear Current Monthly Income: $2,350/monthFront House: $1,500/monthGarage + Garage ADU: $850/month Two Ways to Play the Front Lot Option 1 - Hold As-Is Keep the existing house and garage rented. Collect $2,350/month from day one with zero work required. Option 2 - Redevelop the Front Lot Tear down and build a duplex plus an ADU on the front lot. All three units on that one lot could generate approximately $5,500/month in rental income. The Rear Lots - Two Ways to Play Build two new construction homes at roughly 1,200 SF each on the rear flag lots. Then decide how you want to exit. (Would likely need to take down Garage before building on at least one of flag lots) Sell Them Current 27610 market comps put projected sale prices at $320K to $350K per home. Potential gross sales revenue from both new builds lands around $640K to $700k. Rent Them Rather than sell, hold both homes as rentals at approximately $1,950/month each. That adds $3,900/month in rental income to your portfolio. Total income as 5 unit rental: $9400 per month