162 Martel RD
1 / 40

Multi-Family For Sale

$240,000

162 Martel RD

MLS® Number: SM252094

Floor Area

1,900

Year Built

1950

About This Property

Income Opportunity! This unique property features two homes on one generous-sized lot, offering excellent potential for rental income, multi-generational living, or live-in-one-rent-the-other flexibility. The larger home has been converted into two spacious one-bedroom apartments, but could easily be returned to a single-family residence if desired. Each unit offers comfortable living spaces with plenty of natural light. The second home is a charming one-bedroom, one-bath cottage, ideal for a tenant, guest house, or cozy personal retreat. Major updates include a 2024 septic system, newer windows, siding, and shingles, adding peace of mind and long-term value. A garage provides additional storage or parking. Whether you're an investor or a homeowner looking for extra income, this property is a rare find with so many possibilities. Don’t miss your chance—book your showing today!

Property Details

Interior Details

Basement

Partial, Crawl space

Heating

Baseboard heaters

Living Area

1900 sqft

Building & Exterior

Exterior Features

Siding

Parking Features

Gravel

Stories

2.0

Year Built

1950

Land & Location

City Region

Chapleau

Frontage Length

49.0

Parcel Number

730920040

Utilities & Services

Utilities

Electricity, Cable, Telephone

Listing & Financials

Listing Office

Exit Realty True North

Originating System Name

Sault Ste. Marie Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($48,000)
5.5%
25 Years

Estimated Monthly Payment

$1,179

Principal and interest only. Actual rates may vary.

Location & Map

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