$ 225,000

162 Martel Rd, Chapleau

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:1945)
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Property details for 162 Martel Rd, Chapleau

Type
Multi-family
Living Area
1,900 square feet
Stories
2
Basement
Partial, Crawl space
Parking
Gravel
Heating
Baseboard heaters
Exterior
Siding
Annual Taxes
$1,980

Nearby Listings Stat

Estimated price and comparable properties near 162 Martel Rd

Active Listings
19
Min Price
$110,000
Max Price
$489,000
Avg Price
$254,768
Days on Market
76
days
Sold Listings
1
Min Sold Price
$195,000
Max Sold Price
$195,000
Avg Sold Price
$195,000
Days until Sold
132
days

Price History

Listed
May 15, 2026
by Exit Realty True North
Current Price
$225,000
-2.2% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $225,000 $5,000 (-2.2%)
Aug 6, 2026 $230,000 $10,000 (-4.2%)
May 15, 2026 $240,000 Listed

Contact Agent Get in touch about 162 Martel Rd, Chapleau

Tracey Wetzl
Tracey Wetzl
Exit Realty True North

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