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:35544)
| MLS® Number | 40717404 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Schools |
| ParkingSpaceTotal | 1 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ExteriorFinish | Aluminum Siding, Shingles |
| FoundationType | Poured Concrete |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 4413 Sqft |
| UtilityWater | Municipal Water |
| Detached Garage |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 66 Ft |
| SizeFrontage | 67 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C2 Sp.11 |
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