North Bay (central), ON P1B2E1,380 FISHER STREET
North Bay (central), ON P1B2E1,380 FISHER STREET
North Bay (central), ON P1B2E1,380 FISHER STREET
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$649,000
Est. payment /mo
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4,413 SqFt
Active

380 FISHER STREET North Bay (central), ON P1B2E1

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,413 sqft

Price per Sqft $147

Subdivision Central

MLS® Listing ID X12650246

Lot Size 4413.000 Acres

Acres 4413.0

Source Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Private Pool No


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Mica Sadler

Mica Sadler

CEO | REALTOR®

+1(519) 589-3521

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380 FISHER STREET