119 Marlyn Place Ne, Calgary, Alberta T2A 3K9

Listed for:
$499,000
4 beds
2 baths
Listed 15 days ago
House for rent: 119 Marlyn Place Ne, Calgary, Alberta T2A 3K9

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Learn more about this property
Listing provided by:
Zolo Realty
MLS® number:
A2105657
Agent:
Jaslin Gosal
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About

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. (id:27476)

Property Highlights

Type
House
Cooling type
None
Heating fuel
Natural gas
Fireplace
No
Construction material
Concrete, Stucco
Parking space
2
Ownership Type
Freehold
Amenities nearby
Park

Location

Summary

Located in the convenient neighborhood of Marlborough on a quiet cul-de-sac, this property offers a range of amenities nearby, including parks, three malls, grocery stores, entertainment options, and restaurants. It is an enticing opportunity for investors and homeowners alike, with easy access to public transit via Marlborough station and nearby schools enhancing its appeal.

This detached house, with a land size of 36.36 m2|0-4,050 sqft, is being offered for sale in Calgary, Alberta. The property features a total of 4 bedrooms, with 2 bedrooms above ground and 2 bedrooms below ground in the finished basement. The architectural style is a bungalow, with a suite entrance to the basement and a detached building construction style with a concrete and stucco exterior finish.

For those interested in generating rental income, the property has the potential for a turn-key Short-Term Rental (STR) or long-term tenancy, with the main floor and illegal basement suite capable of being rented separately. The garage is currently rented to a tenant on a month-to-month lease, providing additional income, and the property has previously generated approximately $40,000 in gross rental income as a whole house rental.

The main floor of the house features 2 bedrooms, 1 bathroom, a living room, and a kitchen, with plumbing and electrical rough-ins in place for 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. Additionally, 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.

Whether sold with furnishings or vacant, this property presents an exceptional opportunity for investors and homeowners. Don't miss out on the chance to own this fantastic property - contact us today for more details and to schedule a viewing!