695 Franklyn St, Nanaimo BC V9R 2Y1

$689,000 · For Sale

5 bedrooms · 4 bathrooms · 3,646 sq ft · built 1910 · Residential

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.

Property details

Property type
Residential
Lot size
6732
Year built
1910

Photographs

695 Franklyn St, Nanaimo — photograph 1695 Franklyn St, Nanaimo — photograph 2695 Franklyn St, Nanaimo — photograph 3695 Franklyn St, Nanaimo — photograph 4695 Franklyn St, Nanaimo — photograph 5695 Franklyn St, Nanaimo — photograph 6695 Franklyn St, Nanaimo — photograph 7695 Franklyn St, Nanaimo — photograph 8695 Franklyn St, Nanaimo — photograph 9695 Franklyn St, Nanaimo — photograph 10695 Franklyn St, Nanaimo — photograph 11695 Franklyn St, Nanaimo — photograph 12