Nanaimo, British Columbia V9R2Y1
$689,000
MLS® 1050951
5
Bedrooms
4
Bathrooms
3,646 square feet
Living Area
1910
Year Built
Single Family
Type
6,732 square feet
Lot Size
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:65701)
Listed by
Real Broker
Vancouver Island
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the Chilliwack and District Real Estate Board (CADREB), and other Canadian REALTOR® associations. The information contained on this site is provided for the consumer's personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed to be accurate. Listings courtesy of their respective brokerages.
