$699,000
Available - For Sale
Listing ID: X11953033
380 FISHER St , North Bay, P1B 2E1, Ontario
| 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. |
| Price | $699,000 |
| Taxes: | $8447.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 380 FISHER St , North Bay, P1B 2E1, Ontario |
| Postal Code: | P1B 2E1 |
| Province/State: | Ontario |
| Legal Description: | PT OF LT 155 PL 10 WIDDIFIELD AS IN NB12 |
| Directions/Cross Streets: | Follow ON-400 N and ON-11 to Fisher St in North Bay. follow signs for Orillia / North Bay for 241 km |
| Category: | Apartment |
| Building Percentage: | Y |
| Total Area: | 0.00 |
| Total Area Code: | Sq Ft |
| Taxes Expense: | $8447 |
| Management Expense: | 9536 |
| Heat Expenses: | $6620 |
| Hydro Expense: | $16482 |
| Water Expense: | $2942 |
| Other Expenses: | $1333 |
| Operating Expenses: | $53343 |
| Net Income Before Debt: | $106884 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Nipissing |
| Municipality: | North Bay |
| Neighbourhood: | Ferris |
| Tax: | $8,447 |
| Maintenance Fee: | $15,534.78 |
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