Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

380 Fisher Street, North Bay, ON P1B 2E1 (McIntyre St E / Fisher St)
$ 649000 - MLS : X12650246

From Our Gallery

Description

Hey guys, I edited the listing description a bit, let me know what you think, if not I can keep the old one but it did not reference the price per unit or cap which I think is our only selling features lmao: 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.

Location Description

McIntyre St E / Fisher St

Property Detail

Community: Central
Property Type: Tenant/Commercial
Garages: Outside/Surface
Annual Property Taxes : $ 7117

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Outside/Surface

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: EXP REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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