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. (id:56069)
MLS® Number | 40717404 |
Property Type | Multi-family |
Amenities Near By | Public Transit, Schools |
Parking Space Total | 1 |
Basement Development | Unfinished |
Basement Type | Partial (unfinished) |
Exterior Finish | Aluminum Siding, Shingles |
Foundation Type | Poured Concrete |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 4,413 Ft2 |
Utility Water | Municipal Water |
Detached Garage |
Access Type | Highway Access |
Acreage | No |
Land Amenities | Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Depth | 66 Ft |
Size Frontage | 67 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C2 Sp.11 |
https://www.realtor.ca/real-estate/28172413/380-fisher-street-north-bay
Contact us for more information
Andrew Odoardi
Salesperson
(866) 530-7737
www.exprealty.ca/