380 Fisher Street, North Bay, Ontario P1B 2E1 (29204453)

380 Fisher Street North Bay, Ontario P1B 2E1

4,413 ft2
None Forced Air Acreage

$649,000

Hey guys, I edited the listing description a bit, let me know what you think, if not I can keep the old one but it did not reference the price per unit or cap which I think is our only selling features lmao: At just $72,000 per unit and boasting a cap rate of 9.5%, 380 Fisher Street is a rare opportunity for savvy investors looking for a solid value-add project. This nine-unit property in North Bay blends a spacious Victorian home with a commercial building, offering massive upside. Four units have been fully renovated, while the remaining five are ready for renovation as tenants transition, giving you the chance to unlock significant value. While the property is in need of some TLC, the potential for improvement is clear. Recent upgrades include a new commercial flat roof, a sturdy front steel door, and a brand-new boiler system installed in 2023, laying a solid foundation for future work. (id:50976)

Property Details

MLS® Number X12650246
Property Type Multi-family
Community Name Central
Equipment Type Furnace
Features Irregular Lot Size
Rental Equipment Type Furnace

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4,413 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage Yes
Size Depth 67 Ft ,1 In
Size Frontage 59 Ft ,3 In
Size Irregular 4413
Size Total 4413 Ac
Size Total Text 4413 Ac
Zoning Description C2

https://www.realtor.ca/real-estate/29204453/380-fisher-street-north-bay-central-central

Contact Us

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Andrew Odoardi
Salesperson

(866) 530-7737
www.theshellbrookteam.com/
www.facebook.com/andrew.odoardi.3/
www.linkedin.com/in/andrew-odoardi-659411212/

Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

(866) 530-7737

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