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380 Fisher Street North Bay, Ontario P1B 2E1

4413 sqft
None Forced Air Acreage

$649,000

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:60365)

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

Andrew Odoardi
Salesperson

Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

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December 27 2025 07:44:01

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