380 Fisher Street North Bay (Ferris), Ontario P1B 2E1
$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:55499)
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
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