1922 Cedar Rd, Nanaimo, BC

$999,900

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11

Beds

6

Baths

4,392

Square feet

1.20

Acres

About 1922 Cedar Rd

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

Features of 1922 Cedar Rd

MLS® # 950696
Price $999,900
Bedrooms 11
Bathrooms 6.00
Square Footage 4,392
Acres 1.20
Year Built 1952
Type Residential
Sub-Type Full Duplex
Status Active

Community Information

Address 1922 Cedar Rd
Area Na Cedar
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9X 1L7

Amenities

Utilities Natural Gas To Lot, Compost, Electricity To Lot, Garbage, Recycling
Parking Spaces 4
Parking Driveway
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Electric
Cooling Air Conditioning
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning

Exterior

Windows Insulated Windows
Roof Fibreglass Shingle
Construction Insulation All
Foundation Slab

Additional Information

Days on Market 156

Listing Details

OfficeRE/MAX of Nanaimo

Listing Map

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.