Active
MARLBOROUGH
227 Martell Road Ne, Calgary, AB
$649,500
Residential ยท MLSยฎ A23120975Bedrooms
2Bathrooms
1,086.42Sq Ft
2Garage
1968Year Built
02 / Overview
PROPERTY OVERVIEW
Beautifully renovated and thoughtfully updated, this 5-bedroom bungalow offers the perfect blend of comfort, functionality, and income potential. Featuring 3 spacious bedrooms upstairs and a fully legal 2-bedroom basement suite, this home is ideal for families, multi-generational living, or savvy investors alike. Flooded with natural light throughout, every space feels bright, warm, and inviting from the moment you step inside.
Major updates have already been taken care of for peace of mind, including a new furnace, new hot water tank, and...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,086.42 sq ft
Lot Size5,508 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1968
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$216After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.0%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MARLBOROUGH
Moderate InvestmentLoading map...
Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Aranoling Gaitan ยท LPT Realty