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:44393)
| MLS® Number | 1050951 |
| Property Type | Single Family |
| Neigbourhood | Old City |
| Features | Central Location, Other |
| Bathroom Total | 4 |
| Bedrooms Total | 5 |
| Architectural Style | Westcoast |
| Constructed Date | 1910 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,646 Ft2 |
| Type | House |
| Open |
| Acreage | No |
| Size Irregular | 6732 |
| Size Total | 6732 Sqft |
| Size Total Text | 6732 Sqft |
| Zoning Description | R14 |
| Zoning Type | Multi-family |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 17 ft | 17 ft x Measurements not available | |
| Second Level | Laundry Room | 5'6 x 16'5 | ||
| Second Level | Kitchen | 16 ft | 16 ft x Measurements not available | |
| Second Level | Bedroom | 11 ft | 14 ft | 11 ft x 14 ft |
| Second Level | Bathroom | 4-Piece | ||
| Lower Level | Storage | 8 ft | 21 ft | 8 ft x 21 ft |
| Lower Level | Recreation Room | 22 ft | Measurements not available x 22 ft | |
| Lower Level | Laundry Room | 8 ft | Measurements not available x 8 ft | |
| Lower Level | Bedroom | 15 ft | 8 ft | 15 ft x 8 ft |
| Lower Level | Bathroom | 4-Piece | ||
| Main Level | Living Room | 16 ft | 16 ft x Measurements not available | |
| Main Level | Kitchen | 11 ft | 11 ft x Measurements not available | |
| Main Level | Bedroom | 12 ft | 11 ft | 12 ft x 11 ft |
| Main Level | Bedroom | 10 ft | 8 ft | 10 ft x 8 ft |
| Main Level | Bedroom | 12 ft | 9 ft | 12 ft x 9 ft |
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bathroom | 4-Piece |
https://www.realtor.ca/real-estate/30354771/695-franklyn-st-nanaimo-old-city
Contact us for more information
Kelly Whitton
Personal Real Estate Corporation
(888) 828-8447
(888) 828-8447
(855) 624-6900
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