119 Marlyn Place NE
Marlborough Calgary T2A 3K9

$499,000
Residential beds: 4 baths: 2.0 987 sq. ft. built: 1972

SOLD OVER THE LISTING PRICE!
Main Photo: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 1: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 2: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 3: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 4: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 5: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 6: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
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Photo 43: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 44: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
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Photo 49: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Photo 50: 119 Marlyn Place NE in Calgary: Marlborough Detached for sale : MLS®# A2105657
Status:
Sold
Prop. Type:
Residential
MLS® Num:
A2105657
Sold Date:
Feb 24, 2024
Bedrooms:
4
Bathrooms:
2
Year Built:
1972
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.
Price:
$499,000
Dwelling Type:
Detached
Property Type:
Residential
Home Style:
Bungalow, Up/Down
Condo Type:
Not a Condo
Bedrooms:
4
Bathrooms:
2.0
Year Built:
1972
Floor Area:
987 sq. ft.
Lot Size:
391 sq. ft.
MLS® Num:
A2105657
Status:
Sold
Floor
Type
Size
Other
Main Floor
Kitchen
11'3" × 9'
Main Floor
Living Room
16'9" × 14'5"
Main Floor
Dining Room
10'6" × 7'11"
Main Floor
Bedroom - Primary
11' × 10'10"
Main Floor
Bedroom
11'6" × 9'5"
Basement
Kitchenette
12'3" × 10'1"
Basement
Family Room
19'7" × 11'2"
Basement
Bedroom
12'9" × 10'3"
Basement
Bedroom
9'8" × 9'1"
Basement
Laundry
9'9" × 3'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
4'11" x 8'3"
Basement
No
3
4'5" x 9'9"
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Listed by Zolo Realty
Data was last updated July 14, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$499,900
Min list price:
$298,900
Max list price:
$659,000
Avg days on market:
19
Min days on market:
2
Max days on market:
36
Avg price per sq.ft.:
$454.48
These statistics are generated based on the current listing's property type and located in Marlborough. Average values are derived using median calculations.
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.