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MARLBOROUGH PARK

5423 Madigan Drive Ne, Calgary, AB

$595,900

Residential · MLS® A2315979
5Bedrooms
2Bathrooms
981.5Sq Ft
2Garage
1977Year Built
02 / Overview

PROPERTY OVERVIEW

Fully renovated from top to bottom with a brand-new 2-bedroom illegal basement suite, double detached garage, gated RV parking, and central air conditioning, this turn-key property offers an incredible opportunity for homeowners and investors alike.

The main floor has been completely updated and features a bright, open layout, modern finishes, and a beautifully renovated kitchen with stainless steel appliances. Large new windows throughout the home provide an abundance of natural light while enhancing energy efficiency and comfort, while the central A/C...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area981.5 sq ft
Lot Size4,488 sq ft
ZoningR-CG
HeatingHigh Efficiency • Forced Air
CoolingCentral Air
ParkingDouble Garage Detached • RV Access/Parking • RV Gated
ExteriorFire Pit • Private Yard • Storage
BasementFull
Year Built1977
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$449After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.5%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 PARK

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Andy Twerefour · LPT Realty