26 Connaught ST — Chapleau, Ontario

$299,000
Type:Multi-UnitBuilt:1945Postal:P0M1K0
26 Connaught ST — Chapleau, Ontario - Photo 1 of 20
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Property Description

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:63357)

Property Details

Property Type
Multi-Unit
Living Area
3,800 sqft
Year Built
1945
Stories
2.0
Status
Active

Location & Neighborhood

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$299,000