1922 Cedar Rd, Nanaimo, British Columbia

$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 bed, 1 bath 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 and private entrances. The tenants in 1924 & 1926 share the use of the detached carport/workshop. New Septic installed December 2023 for 1924/1926. Data and measurements are approx. and must be verified if import. (id:36535)

Features of 1922 Cedar Rd

Listing # 969963
Price $999,900
Bedrooms 11
Bathrooms 6.00
Square Footage 4,392
Acres 1.20
Year Built 1952
Type Single Family
Sub-Type Freehold

Community Information

Address 1922 Cedar Rd
Subdivision Cedar
City Nanaimo
Province British Columbia
Postal Code V9X1L7

Amenities

Features Level lot, Southern exposure, Other
Parking Spaces 4
Parking Stall
Is Waterfront No
Has Pool No

Interior

Heating Electric, Natural gas
Cooling Air Conditioned
Fireplace Yes
# of Fireplaces 1
Has Basement No

Additional Information

Zoning Residential

Listing Details

OfficeCourtesy Of Charlie Parker and Ashley Metcalf Of RE/MAX of Nanaimo

Listing Map