1922 Cedar Rd, Nanaimo, BC V9X 1L7

$999,900
11
BD
6
BA
4,392
SqFt

Courtesy of RE/MAX of Nanaimo

List Price
$999,900
Status
ACTIVE
MLS®
950696
Price Change
▼ $25,100 1716595019
Property Type
Single Family Residential
Year Built
1952
Style
Up & Down (Duplex)
Bedrooms
11
Total baths
6
Living Area
4,392
Acres
1.20
Lot Size
52,272
District
Nanaimo
Neighbourhood
Na Cedar

Property Description

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

Additional Information

Layout
Duplex Up/Down
Lot Features
Easy Access, Level, Shopping Nearby, Southern Exposure
Heating
Electric, Natural Gas
Flooring
Mixed
Roof
Fibreglass Shingle
Parking Spaces
4
Parking Type
Driveway
Kitchens
4
Laundry Feature
In Unit
Fireplace Description
Wood Burning
Taxes
$3,443
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

NOTE: 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. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.