
Multi-Family For Sale
$240,000
MLS® Number: SM252094
Floor Area
1,900
Year Built
1950
Multi-Family For Sale
$240,000
Floor Area
1,900
Year Built
1950
162 Martel RD, Chapleau, Ontario
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
Listed By
Exit Realty True North
Mortgage Calculator
Estimated Monthly Payment
$1,179
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,179
Principal and interest only. Actual rates may vary.