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:61594)
| MLS® Number | 40717404 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools |
| Parking Space Total | 1 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Exterior Finish | Aluminum Siding, Shingles |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 4,413 Ft2 |
| Utility Water | Municipal Water |
| Detached Garage |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 66 Ft |
| Size Frontage | 67 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2 Sp.11 |
https://www.realtor.ca/real-estate/28172413/380-fisher-street-north-bay
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