4413 sqft
Forced Air
$675,000
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:50787)
Property Details
MLS® Number
|
X12084881 |
Property Type
|
Multi-family |
Community Name
|
Ferris |
Parking Space Total
|
1 |
Building
Appliances
|
Stove, Refrigerator |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
4413 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Frontage
|
64 Ft ,1 In |
Size Irregular
|
64.09 Ft ; 1 |
Size Total Text
|
64.09 Ft ; 1 |
Zoning Description
|
C2 |
https://www.realtor.ca/real-estate/28172389/380-fisher-street-north-bay-ferris-ferris