1922 Cedar Rd, Nanaimo, BC

$1,025,000

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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

Basic Information

Price $1,025,000
MLS® # 950696
Sub-Type Full Duplex
Year Built 1952
Beds 11
Baths 6.00
Kitchens 4
Interior SqFt 4,392
Lot Size 1.20 Acres

Location Information

Address 1922 Cedar Rd
Postal Code V9X 1L7
Area Nanaimo
Sub Area Cedar
Jurisdiction City of Nanaimo
PID Number 004-521-064
Waterfront? No

Features & Amenities

Water Municipal
Sewer Septic System
Heating Electric, Natural Gas
Cooling Air Conditioning
Foundation Details Slab
Property Condition Resale
Laundry In Unit
Parking Driveway

Additional Information

Pet Policy Aquariums, Birds, Cats, Caged Mammals, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Easy Access, Level, Southern Exposure, Shopping Nearby

Listing Details

OfficeRE/MAX of Nanaimo

Listing Map