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.

Property Features