380 FISHER ST new Save Request In-Person Tour Request Virtual Tour
North Bay,ON P1B 2E1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,413 sqft
Price per Sqft $152
Subdivision Ferris
MLS Listing ID X12084881
Annual Tax Amount $7,117
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Nipissing
Community Ferris
Area Nipissing
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 64.09