RSS

I have sold a property at 119 Marlyn PLACE NE in Calgary

I have sold a property at 119 Marlyn PLACE NE in Calgary on Feb 24, 2024. See details here

Attention all investors and homeowners! Whether you're in search of a turn-key Short-Term Rental (STR) or relocating from out of town, this property offers the perfect combination of functionality and convenience. This detached house boasts 4 bedrooms, 2 bathrooms, and a finished basement, providing ample space for comfortable living or generating rental income. The main floor features 2 bedrooms, 1 bathroom, a living room, and a kitchen, with plumbing and electrical rough-ins in place to easily set up an additional laundry unit. The illegal basement suite includes a kitchen, laundry facility, and living room with large windows to let in plenty of sunlight. Moreover, the property includes a detached double garage equipped with insulation, heating, ventilation fan, and a 240V plugin, making it an excellent space for a workshop or additional storage. Previously, this home has generated approximately $40,000 in gross rental income as a whole house rental. Currently, the garage is rented to a great tenant on a month-to-month lease, providing $600 per month in extra income, with the tenant ready to sign a lease with the new owner. Cash flow potential can be further increased by renting the main floor and illegal basement suite separately. The current market rents for long-term tenancy include $1700-1900 for the main floor, $1300-1500 for the basement, and $500-600 for the garage. Whether sold with furnishings or vacant, this property presents an enticing opportunity for investors and homeowners alike. Nestled in the convenient neighborhood of Marlborough on a quiet cul-de-sac, residents enjoy proximity to three malls, grocery stores, entertainment options, and restaurants. Nearby schools and easy access to public transit via Marlborough station further enhance the appeal of this fantastic property. Don't miss out on this exceptional opportunity! Contact us today for more details and to schedule a viewing.

Read
Categories:   Airdrie, Airdrie Real Estate | Bankview, Calgary Real Estate | Beddington Heights, Calgary Real Estate | Beltline, Calgary Real Estate | Bowness, Calgary Real Estate | Brentwood, Calgary Real Estate | Bridgeland/Riverside, Calgary Real Estate | Bridlewood, Calgary Real Estate | Canyon Meadows, Calgary Real Estate | Cedarbrae, Calgary Real Estate | Cliff Bungalow, Calgary Real Estate | Copperfield, Calgary Real Estate | Cougar Ridge, Calgary Real Estate | Country Hills Village, Calgary Real Estate | Cranston, Calgary Real Estate | Douglasdale/Glen, Calgary Real Estate | Dover, Calgary Real Estate | Erlton, Calgary Real Estate | Evergreen, Calgary Real Estate | Forest Lawn, Calgary Real Estate | Glenbrook, Calgary Real Estate | Hawkwood, Calgary Real Estate | Mahogany, Calgary Real Estate | Manchester, Calgary Real Estate | Marlborough, Calgary Real Estate | McKenzie Lake, Calgary Real Estate | Millrise, Calgary Real Estate | Monterey Park, Calgary Real Estate | Montgomery, Calgary Real Estate | New Brighton, Calgary Real Estate | Okotoks, Okotoks Real Estate | Panorama Hills, Calgary Real Estate | Pineridge, Calgary Real Estate | Rangeview, Calgary Real Estate | Renfrew, Calgary Real Estate | Riverbend, Calgary Real Estate | Royal Oak, Calgary Real Estate | Sage Hill, Calgary Real Estate | Shaganappi, Calgary Real Estate | Sherwood, Calgary Real Estate | Skyview Ranch, Calgary Real Estate | Somerset, Calgary Real Estate | South Calgary, Calgary Real Estate | Sunalta, Calgary Real Estate | Walden, Calgary Real Estate | Westgate, Calgary Real Estate | Whitehorn, Calgary Real Estate | Willow Park, Calgary Real Estate
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.