695 Franklyn St is a 5 bed, 4 bath Single Family Residence listed at $689,000 in Old City, Nanaimo. Built in 1910. 3,646 sqft of living space. 5 days on market. Listed by Real Broker. MLS® 1050951.
$689,000 · Single Family Residence · 5 bed · 4 bath · 3,646 sqft · MLS® 1050951
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.
Flooring: Mixed
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