About 695 Franklyn St
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.
Basic Information
| Price | $689,000 |
|---|---|
| MLS® # | 1050951 |
| Sub-Type | Single Family Detached |
| Year Built | 1910 |
| Beds | 5 |
| Baths | 4.00 |
| Kitchens | 2 |
| Building SqFt | 3,646 |
| Lot Size | 0.15 Acres |
Location Information
| Address | 695 Franklyn St |
|---|---|
| Postal Code | V9R 2Y1 |
| Area | Nanaimo |
| Sub Area | Old City |
| Jurisdiction | City of Nanaimo |
| PID Number | 000-438-995 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | In House |
| Parking | Open |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Central Location, Shopping Nearby, Sidewalk |
Listing Details
| Office | Real Broker |
|---|