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1922 Cedar Rd, Nanaimo, BC, V9X 1L7

  • 11 Beds
  • 6 Baths
  • 4,392 Sqft
  • 1.2 Acres
  • 11 Beds
  • 6 Baths
  • 4,392 Sqft
  • 1.2 Acres

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1922 Cedar Rd

– $999,900

Investment opportunity! 2 full up down duplexes located on a level 1.2 acres in Cedar. This property offers great income earning potential and is located within walking distance of Cedar’s amenities. All 4 tenants are on a month-to-month tenancy. 1922 is up-down mobile home duplex - 1922A is a 4 bd, 2 ba unit with tenant paying $1878/month + util (seller covers the gas). 1922B is a 3 bd, 2 ba unit that was fully renovated in 2018 where the tenant is paying $1319/month + utilities & gas. 1924 & 1926 are both 2 bd, 1 ba units. 1924 is the lower unit of the original duplex on the property and is a tenant who has been occupying this space for 34 years. Tenant pays $781/month + util. The upper unit in this dwelling is 1926 and this tenant is currently paying $897/month + util. All units have their own laundry facilities & private entrances. The tenants in 1924 & 1926 share the use of the detached carport/wrkshp. New Septic installed Dec 2023 for 1924/1926. Verifiy msmnts & data if important

Essential Information

  • MLS® #969963
  • Price$999,900
  • Bedrooms11
  • Bathrooms6
  • Square Footage4,392
  • Acres1.20
  • Year Built1952
  • TypeResidential
  • Sub-TypeFull Duplex
  • StatusActive
  • Taxes$3,443
  • Tax Year2023

Community Information

  • Address1922 Cedar Rd
  • AreaNa Cedar
  • CityNanaimo
  • CountyNanaimo, City of
  • ProvinceBC
  • Postal CodeV9X 1L7

Amenities

  • Parking Spaces4
  • ParkingDriveway

Utilities

Electricity To Lot, Garbage, Natural Gas To Lot, Recycling, Compost

Interior

  • HeatingElectric, Natural Gas
  • CoolingAir Conditioning
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesWood Burning

Exterior

  • WindowsInsulated Windows
  • RoofFibreglass Shingle
  • ConstructionInsulation All
  • FoundationSlab

Additional Information

  • Listing OfficeRE/MAX of Nanaimo
  • Date ListedJuly 10th, 2024
  • Days on Market8
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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.