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$ 649,000
Est. payment | /mo
4,413 SqFt
$ 649,000
Est. payment | /mo
4,413 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,413 sqft
Price per Sqft $147
Subdivision Central
MLS® Listing ID X12650246
Lot Size 4413.000 Acres
Acres 4413.0
Source Toronto Regional Real Estate Board
Property Description
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by EXP REALTY
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Nest Real Estate Group
Real Estate Team | License ID: 139039