695 Franklyn Street, Nanaimo, British Columbia V9R 2Y1
$689,000
- 5 bedrooms
- 4 bathrooms
- 3,646 Square Feet
Income today, potential for tomorrow! 695 Franklyn Street pairs Old City Quarter character with reported rental income of approximately $4,500 per month. Close to Nanaimo’s eclectic downtown, this charming home offers an exciting opportunity for investors seeking rental revenue and future development possibilities. R14 zoning presents potential to explore a fourplex with suites, or retain the existing home and investigate adding a carriage home, subject to City confirmation and approvals. Continue as a rental holding or make it your Vancouver Island home with mortgage-helping income. Character, location and opportunity—all in one property. Buyers ... read more
Income today, potential for tomorrow! 695 Franklyn Street pairs Old City Quarter character with reported rental income of approximately $4,500 per month. Close to Nanaimo’s eclectic downtown, this charming home offers an exciting opportunity for investors seeking rental revenue and future development possibilities. R14 zoning presents potential to explore a fourplex with suites, or retain the existing home and investigate adding a carriage home, subject to City confirmation and approvals. Continue as a rental holding or make it your Vancouver Island home with mortgage-helping income. Character, location and opportunity—all in one property. Buyers must confirm permitted uses and development feasibility with the City of Nanaimo. All measurements are approximate and must be verified if important. (id:39198)
- Listing ID: 1050951
- Property Type: Single Family
- Year Built: 1910
| Property | |
|---|---|
| Style: | Westcoast |
| Ownership: | Freehold |
| Lot Size: | 6732 Sqft |
| Parking: | Open |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Location | |
|---|---|
| Town: | Nanaimo |
| Province: | British Columbia |
| Rooms | Level | Dimensions |
|---|---|---|
| Storage | Lower level | 21 x 8 |
| Recreation room | Lower level | 22 x 9'5 |
| Living room | Second level | 17 |
| Living room | Main level | 16 |
| Laundry room | Lower level | 8 x 9'6 |
| Laundry room | Second level | 5'6 x 16'5 |
| Kitchen | Second level | 16 |
| Kitchen | Main level | 11 |
| Bedroom | Lower level | 8 x 15 |
| Bedroom | Second level | 14 x 11 |
| Bedroom | Main level | 11 x 12 |
| Bedroom | Main level | 8 x 10 |
| Bedroom | Main level | 9 x 12 |
| Bathroom | Lower level | 4-piece |
| Bathroom | Second level | 4-piece |
| Bathroom | Main level | 4-piece |
| Bathroom | Main level | 4-piece |
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