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$750,000
Available - For Sale
Listing ID: X10409140
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.
Extras:   Seller is willing to buy out the rental contracts.
Price $750,000
Taxes: $8,447
Tax Type: Annual
Occupancy by: Tenant
Address: 380 Fisher St , North Bay, P1B 2E1, Ontario
Postal Code: P1B 2E1
Province/State: Ontario
Directions/Cross Streets: McIntyre St E & Fisher St
Zoning: C2
Category: Apartment
Building Percentage: Y
Total Area: 6,305
Total Area Code:  Sq Ft
Taxes Expense: $8447
Insurance Expense: $9533
 Management Expense: 9536
Maintenance: 15,535
 Heat Expenses: $6620
 Hydro Expense:  $16482
Water Expense: $2942
Gross Income/Sales: $106883
Net Income Before Debt: $106883
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Closd
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

380 Fisher St , North Bay, P1B 2E1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Nipissing
Municipality: North Bay
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Lot Size: 64.09 x 0.00(Feet)
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Tax: $8,447
Maintenance Fee: $15,535
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