ON > North Bay > Ferris
North Bay, ON P1B 2E1,380 FISHER ST
North Bay, ON P1B 2E1,380 FISHER ST
North Bay, ON P1B 2E1,380 FISHER ST
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Shariq Qureshi

Shariq Qureshi

+1(647) 860-2182
$675,000
Est. payment /mo
4,413 SqFt
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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

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Listed by EXP REALTY

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Shariq Qureshi

+1(647) 860-2182

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