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Listed by United Real Estate Triangle
$ 600,000
Est. payment | /mo
3,028 SqFt
$ 600,000
Est. payment | /mo
3,028 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,028 sqft
Price per Sqft $198
Subdivision College Park
MLS Listing ID 10136262
HOA Y/N No
Year Built 1920
Annual Tax Amount $4,240
Lot Size 3,028 Sqft
Acres 0.11
Lot Dimensions 4573.8
Property Sub-Type Multi Family
Source Doorify MLS
Land Area 3028
Property Description
15 N Fisher Street is an income-producing triplex located directly behind another one of our active listings, 1612 Boyer, both owned by the same seller and available either individually or as a discounted portfolio package. This property delivers stable rental income and consistent 100% occupancy across three well-maintained units leased at $1,350, $1,495, and $1,575 per month, producing an approximate annual NOI of $53,040. Strong tenant demand and ongoing revitalization in the surrounding area support its long-term performance, while proximity to Downtown Raleigh enhances both rentability and appreciation potential. This cash-only opportunity offers immediate, reliable cash flow with clean financials and minimal management needs. For investors seeking scale, the triplex pairs seamlessly with the quadplex at 1612 Boyer to create a tightly clustered seven-unit portfolio generating roughly $120,000 in annual NOI, offering operational efficiency, future redevelopment flexibility, and strategic portfolio expansion. This is a rare chance to secure multiple stabilized doors in one of Raleigh's fastest-advancing growth areas, backed by dependable income today and meaningful upside over time.
Location
State NC
County Wake
Community College Park
Area 0.11
Zoning mixed use
Interior
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage Spaces 6.0
Total Parking Spaces 6
Garage No
Building
New Construction No
Others
Tax ID 171306491228000 0008701
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Schools and Properties Nearby
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