For Sale - 380 Fisher Street, North Bay, Ontario

Est payment $2,636/mo
Views   1
Time on Jump  95 day
  • Invest in a unique nine-unit property with solid value-add potential.
  • Four units already renovated, five units ready for tenant transitions.
  • Located in a desirable area with a mix of residential and commercial spaces.
  • Recent upgrades include a new roof, front steel door, and boiler system.
  • Cap rate of 9.5% offers great opportunity for savvy investors.



At just $72,000 per unit and boasting a cap rate of 9. 5%, 380 fisher street is a rare opportunity for savvy investors looking for a solid value-add project. This nine-unit property in north bay blends a spacious victorian home with a commercial building, offering massive upside. Four units have been fully renovated, while the remaining five are ready for renovation as tenants transition, giving you the chance to unlock significant value. While the property is in need of some tlc, the potential for improvement is clear. Recent upgrades include a new commercial flat roof, a sturdy front steel door, and a brand-new boiler system installed in 2023, laying a solid foundation for future work.
Listing IDX12650246
Address380 Fisher Street
CityNorth Bay, Ontario
Price$549,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Closed
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Listing Agency:  EXP REALTY

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380 Fisher Street
North Bay , Ontario
$549,000
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