380 Fisher Street North Bay (Central), Ontario P1B 2E1
$549,000
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:48469)
Property Details
| MLS® Number | X12650246 |
| Property Type | Multi-family |
| Community Name | Central |
| EquipmentType | Furnace |
| Features | Irregular Lot Size |
| RentalEquipmentType | Furnace |
Building
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 4413 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | Yes |
| SizeDepth | 67 Ft ,1 In |
| SizeFrontage | 59 Ft ,3 In |
| SizeIrregular | 4413 |
| SizeTotal | 4413 Ac |
| SizeTotalText | 4413 Ac |
| ZoningDescription | C2 |
https://www.realtor.ca/real-estate/29204453/380-fisher-street-north-bay-central-central
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February 01 2026 08:14:26
Toronto Real Estate Board
Exp Realty