695 Franklyn St
Nanaimo, British Columbia
MLS® 1050951
$689,000
- Status
- Active
- Property type
- House
- MLS® number
- 1050951
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1910
1 / 13Listing description
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 summary
- MLS® number
- 1050951
- Property type
- Single Family
- Building type
- House
- Square footage
- 3,646 sq ft
- Title
- Freehold
- Land size
- 6732 square feet
- Built in
- 1910
- Parking
- Open
- Days on market
- 2 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Lot features
- Central location, Other
- Architectural style
- Westcoast
What would this home cost you?
Based on the $689,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Real Broker, Campbell River.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.