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For Sale

1922 Cedar Rd

1922 Cedar Rd, Nanaimo, BC V9X 1L7

$1,050,000
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

11
beds

6
baths

4,392 Sq.Ft. LIVING AREA

1.2 Acres lot

Charlie Parker

Charlie Parker

Ashley Metcalf

Ashley Metcalf

Features & Amenities

Interior

  • total bedrooms11
  • Total bathrooms6
  • Laundry room In Unit
  • Flooring Mixed
  • Fireplace Wood Burning

Area & Lot

  • Status For Sale
  • Living Area4,392 Sq.Ft.
  • Lot Area1.2 Acres
  • MLS® ID950696
  • TypeMulti-Family
  • YEAR BUILT1952
  • NeighborhoodNorth Nanaimo

Exterior

  • water SourceMunicipal
  • utilitiesCompost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
  • roofFibreglass Shingle
  • lot featuresEasy Access, Level, Shopping Nearby, Southern Exposure
  • parkingDriveway
  • HEAT TYPEElectric, Natural Gas
  • AIR CONDITIONINGAir Conditioning
  • sewerSeptic System
  • SubstructureSlab

Financial

  • Sales Price$1,050,000
  • Real Estate Tax $3,443/yr
1922 Cedar Rd
1922 Cedar Rd

All units have their own laundry facilities and private entrances.

– Charlie Parker Team
1922 Cedar Rd
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Thank you for your interest in 1922 Cedar Rd, Nanaimo, BC V9X 1L7. We are reviewing your request and will be in touch shortly!

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