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.
Address
380 Fisher Street
List Price
$675,000
Property Type
Commercial
Type of Dwelling
Investment
Area
North Bay
Sub-Area
Ferris
County
Nipissing
Lot Type
Lot
Lot Irregularities
1
Lot Size Units
Feet
Lot Width
64.09
Frontage Length
19.53
MLS® Number
X12084881
Listing Brokerage
EXP REALTY
Postal Code
P1B 2E1
Tax Amount
$7,117.00
Tax Year
2024
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
Outside/Surface
