Active
1922 Cedar Rd
Nanaimo BC, V9X 1L7
$949,900
$216.28 per sqft
Active
11 Beds
6 Baths
4,392 sqft
Multi-family
Built in 1952
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 $1928/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 $1369/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 $831/month + util. The upper unit in this dwelling is 1926 and this tenant is currently paying $947/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
983979
MLSⓇ ID
January 10, 2025
Listed
January 10, 2025
Updated
Map
1922 Cedar Rd
Nanaimo BC, V9X 1L7
Interior Features
Bedrooms
11
Total Bathrooms
6
Laundry Description
In Unit
Floor Description
Mixed
Fireplace
Yes
Fireplace Description
Wood Burning
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
1.2 Acres
Lot Features
Easy Access, Level, Shopping Nearby, Southern Exposure
Roof
Fibreglass Shingle
Sewer
Septic System
Other Property Details
Area Name
Nanaimo
Taxes
$3,443
Tax Frequency
Annually
Garage
No
Parking
Driveway
Parking Total
4
View
No
County
Nanaimo, City of
Water Source
Municipal
Pool
No
Exclusive Listing Agents
Charlie Parker
Ashley Metcalf
Courtesy of RE/MAX of Nanaimo, Charlie Parker
Listing Contact: 250-751-1223
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