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 | $999,900 |
|---|---|
| MLS® # | 969963 |
| 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 | Nanaimo Rural (768) |
| 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, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Easy Access, Level, Shopping Nearby, Southern Exposure |
Listing Details
| Office | RE/MAX of Nanaimo |
|---|