162 Martel RdChapleau, ON P0M 1K0
Description
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! (id:31684)
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Structure type
- Multi Family
- Year built
- 1950
- Stories
- 2
- Living area
- 1,900 Sq Ft
- Listing #
- SM261034
Property Features
- Heating
- Baseboard
- Basement
- Partial · Crawl Space
- Parking
- Gravel
- Utilities
- Cable Available · Phone Available
- Sewer
- Septic Tank
- Water source
- Well
Financial Details
- Annual taxes
- $1,980
- Parcel number
- 730920040
Listing Courtesy: Exit Realty True North
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Chapleau Market Statistics
How this home compares to 32 active listings in Chapleau, ON
| Chapleau median | This listing | |
|---|---|---|
| Median listing price | $290,000 | $225,000 |
| Median days on market | 75 | — |
| Median Sq Ft | 1,250 | 1,900 |
| Median price / Sq Ft | $206 | $118 |
Market statistics compiled from active EXIT Realty® and MLS listings in Chapleau, ON.
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 26 Connaught ST, Chapleau, ON | $225,000 | — | — | 3,800 |
| 14-16 Lansdowne ST N, Chapleau, ON | $195,000 | — | — | 2,550 |