$225,000

Investment For Sale In Chapleau, Ontario

$225,000

Property Information:

Exceptional 4-Plex Investment Opportunity in a High-Demand Rental Community Discover this 4-unit income property perfectly situated in a quiet, desirable neighbourhood known for strong rental demand. This versatile building features three 1-bedroom units and one spacious 3-bedroom unit, offering a solid mix for long-term cash flow and tenant appeal. Property Highlights: 4 Total Units: • (3) One-Bedroom Units • (1) Three-Bedroom Unit with In-Unit Laundry Current Income: • Two units are already rented, providing immediate revenue. • One unit has been refreshed and is ready for a new tenant. • One unit requires some work before renting, offering the opportunity to customize and increase future rental potential. Tenant Amenities: • Onsite shared laundry • Dedicated tenant storage spaces Location Advantages: • Quiet, established residential area • Highly sought-after by renters • Close to amenities, transit, and community services Whether you're expanding your portfolio or stepping into multifamily ownership, this 4-plex provides both stable returns and value-add potential. A rare opportunity in a rental market with consistently strong demand. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Amenities: Laundry Facility
  • Basement Type: Crawl space
  • Exterior Finish: Siding
  • Floor Space: 3800 sqft
  • Heating Type: Baseboard heaters

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Amenities Nearby: Golf Course, Park
  • Built in: 1945
  • Communication Type: High Speed Internet
  • Floor Space (approx): 3800 Square Feet
  • Lot Frontage: 50
  • Structure Type: Workshop
  • Utility Type: Telephone - Available, Cable - Available, Hydro - Available
  • Sewer: Municipal sewage system
  • Parking Type: Gravel

Courtesy of: Exit Realty True North

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.