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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28663797
28663798

15 N Fisher St, Raleigh, NC 27610

NP
NC NC 305394
United Real Estate
Listed by United Real Estate
$600,000
184 days on market
Updated 17 days ago

DT Raleigh | INCOME PRODUCING | Triplex Investment Property

Details
APN 1713.06-49-1228 0008701
Property Type Business for Sale, Mixed Use (+1)
Sub Type Apartment Building, Business and Building (+1)
Square Footage 3,028
Net Rentable (SqFt) 3,028
Units 3
Cap Rate 4.29%
NOI $25,722
Occupancy 100%
Tenancy Multi
Brand/Tenant Triplex
Rent Bumps Yes
Price per SqFt $198
Broker Co-Op Yes
Class C
Year Built 1920
Buildings 1
Stories 2
Lot Size (SqFt) 4,356
Zoning RX-3
Parking Spaces spaces
Investment Type Value Add
Tenant Credit Credit Rated
Occupancy Date 05/15/2022

Business for Sale | Triplex

Marketing description

15 N Fisher – Turnkey Triplex Investment | 100% Occupancy | Cash Purchase Only

PROPERTY OVERVIEW
15 N Fisher offers a fully-stabilized triplex operating at 100% occupancy with strong, reliable rental income. This property is ideal for investors seeking an immediate return with zero downtime and minimal management needs.

The building is composed of three well-maintained units generating:

• $1,350 / month

• $1,495 / month

• $1,575 / month

This produces a steady annual NOI of approximately $25,722, making it a high-yield opportunity in a desirable rental corridor.

ACQUISITION TERMS

• Cash purchase required

• Clean financials and consistent tenancy

• Turnkey investment with proven performance

PORTFOLIO OPPORTUNITY – ADDITIONAL QUADPLEX AVAILABLE

This triplex can be purchased individually or as a package with the neighboring investment at 1612 Boyer, a stabilized quadplex.

When combined, the two properties deliver a total portfolio NOI of roughly $70,686.75 per year, creating a rare chance to acquire seven fully occupied units with strong regional rental demand.

Investment highlights

HIGHLIGHTS

• Turnkey triplex with 100% occupancy

• $25,722 annual NOI at 15 N Fisher alone

• Optional quadplex purchase (1612 Boyer) for total ~$70k NOI

• Strong rental history

• Cash-only purchase

• Ideal for investors seeking immediate, stable returns

Listing Contacts

NP
NC NC 305394
United Real Estate
Listed by United Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$25,722.00
$2,143.50/mo

Valuation Metrics

0
DSCR
4.29%
Cap Rate
4.29%
ROI

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Additional Information

Name
Natalie Pearse
License
NC 305394
Brokerage
United Real Estate Triangle
Brokerage Phone
9198393131
Title
Leading Real Estate Broker/ Owner
Brokerage Address
5650 Six Forks Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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