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In-PersonVirtual Tour
$ 675,000
Est. payment | /mo
4,413 SqFt
$ 675,000
Est. payment | /mo
4,413 SqFt
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
Zoning C2
Interior
Cooling No
Inclusions 9 Fridges, 9 Stoves
Exterior
Parking Features Outside/Surface
Utilities Available Available
Building
Lot Description Lot
Lited by EXP REALTY