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 |
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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 |
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Subdivision | Cedar |
City | Nanaimo |
Province | British Columbia |
Postal Code | V9X1L7 |
Amenities
Features | Level lot, Southern exposure, Other |
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Parking Spaces | 4 |
Parking | Stall |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Electric, Natural gas |
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Cooling | Air Conditioned |
Fireplace | Yes |
# of Fireplaces | 1 |
Has Basement | No |
Additional Information
Zoning | Residential |
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