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.
MLS# | X12084881 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 14 |
Listing Provided By | EXP REALTY | X12084881 285400 |
SQ Feet | 4,413 |
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Acreage | 0.10 |
Province | ON |
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Region | Nipissing |
City | North Bay |
Postal Code | P1B |
Area | Ferris |
Listing VS Median (in P1B) | |
Price: $675,000 low | high Med: $675,000 SqFt: 4,413 low | high Med: 4,413 $ / SqFt: $153 low | high Med: $153 On site: 14 low | high Med: 14.000000 |