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:61852)
MLS® Number | X12084881 |
Property Type | Multi-family |
Community Name | Ferris |
ParkingSpaceTotal | 1 |
Appliances | Stove, Refrigerator |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 4413 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeFrontage | 64 Ft ,1 In |
SizeIrregular | 64.09 Ft ; 1 |
SizeTotalText | 64.09 Ft ; 1 |
ZoningDescription | C2 |
https://www.realtor.ca/real-estate/28172389/380-fisher-street-north-bay-ferris-ferris
Contact us for more information
Andrew Odoardi
Salesperson