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:13843)
| MLS # | SM261034 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1950 |
| Days On Site | 162 |
| Listing Provided By | Exit Realty True North | Tracey Wetzl |
| SQ Feet | 1,900 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Heating | Baseboard heaters |
|---|---|
| Fireplace Yes / No | No |
| Parking Features | Gravel |
|---|
| Utilities | Electricity, Cable, Telephone |
|---|---|
| Sewer | Septic System |
| Water Source | Drilled Well |
| Tax Annual Amount | 1980.04 |
|---|
| Province | ON |
|---|---|
| City | Chapleau |
| Postal Code | P0M1K0 |
| Listing VS Median (in P0M1K0) | |
Price: $225,000 low | high Med: $240,000 sqft: 1,900 low | high Med: 1,029 $ / sqft: $118 low | high Med: $255 On site: 162 low | high Med: 56 | |
| Province | ON |
|---|---|
| City | Chapleau |
| Postal Code | P0M1K0 |
| Listing VS Median (in P0M1K0) | |
Price: $225,000 low | high Med: $240,000 sqft: 1,900 low | high Med: 1,029 $ / sqft: $118 low | high Med: $255 On site: 162 low | high Med: 56 | |