162 Martel RD
Chapleau, Ontario
MLS® SM261034
$225,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SM261034
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1950
1 / 40Listing 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!
Property summary
- MLS® number
- SM261034
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 1,900 sq ft
- Built in
- 1950
- Annual property taxes
- $1,980.04
- Parking
- Gravel
- Days on market
- 125 days
Features & details
- Heating
- Baseboard heaters
- Basement
- Partial, Crawl space
- Exterior features
- Siding
What would this home cost you?
Based on the $225,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Exit Realty True North, SAULT STE. MARIE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.