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. 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. |
Extras: Seller is willing to buy out the rental contracts. |
Price | $750,000 |
Taxes: | $8447.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 380 Fisher St , North Bay, P1B 2E1, Ontario |
Postal Code: | P1B 2E1 |
Province/State: | Ontario |
Directions/Cross Streets: | McIntyre St E & Fisher St |
Category: | Apartment |
Building Percentage: | Y |
Total Area: | 6305.00 |
Total Area Code: | Sq Ft |
Taxes Expense: | $8447 |
Insurance Expense: | $9533 |
Management Expense: | 9536 |
Heat Expenses: | $6620 |
Hydro Expense: | $16482 |
Water Expense: | $2942 |
Gross Income/Sales: | $106883 |
Net Income Before Debt: | $106883 |
Year Expenses: | 2024 |
Expenses Actual/Estimated: | $Act |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Nipissing |
Municipality: | North Bay |
Tax: | $8,447 |
Maintenance Fee: | $15,535 |