380 Fisher
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+14 more
$549,000

380 Fisher

North Bay (Central), Ontario, P1B2E1

Active
4,413
Sq Ft
4,413
Lot (sqft)

About This Property

This multi-family in North Bay (Central) offers 4,413 sq ft of living space on a 4,413 sq ft lot. The home features forced air, natural gas heating, none.

MLS Remarks

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:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12650246

Interior

HeatingForced air, Natural gas
CoolingNone

Fees & Taxes

Annual Taxes$7,117

Listing Information

MLS#: X12650246


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$109,800
5%20%50%
Estimated Monthly Payment
$2,441
/month
Mortgage
$439,200
Total Interest
$293,165

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$7,455
Total Due on Closing$7,455

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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