Nanaimo · Residential · MLS® 1050951

695 Franklyn St, Nanaimo

$689,000
5Bedrooms
4Bathrooms
3,646Sq Ft
1910Year Built
8Days on Market

About this property

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.

Features & details

DDF Property Type Single Family
Building Type House
Land Size 6,732 sq ft
Construction Date 1910
Feature Central location
Feature Other
Property Type Single Family Detached
Heating Forced Air,Natural Gas
Cooling None
Water Source Municipal
Sewer Sewer Connected
Style West Coast
Flooring Mixed
Roof Asphalt Shingle
Foundation Poured Concrete
Zoning R14

Room dimensions

Living room
16 ft x Measurements not available
Kitchen
11 ft x Measurements not available
Bedroom
12 ft x 9 ft
Bathroom
4-Piece

Location

Brokerage Listed by Real Broker. Information is deemed reliable but not guaranteed.