380 FISHER Street, North Bay, ON P1B 2E1

North Bay P1B 2E1 Ontario

MLS: X12084881

$675,000

Added 10 days ago | For Sale

Listed by: EXP REALTY

About Property

Welcome to 380 Fisher Street! Located in the thriving city of North Bay, this unique nine-unit property combines a spacious Victorian home with a commercial building, creating a fantastic investment opportunity with an 8.7% cap rate at the asking price! Four units have already been fully renovated, while five units await transformation as tenants transition, making it an ideal choice for value-add investors. This well-maintained, low-maintenance property reflects the care of both its owners and tenants. Recent upgrades include a new commercial flat roof, a sturdy front steel door, and a brand-new boiler system installed in 2023.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 64.09 X 0
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Follow ON-400 N and ON-11 to Fisher St in North Bay. follow signs for Orillia / North Bay for 241 km and turn left onto Fisher St. Property will be on the right.
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $7117
  • Bedrooms:
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12084881

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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