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For Sale

1922 Cedar Rd

1922 Cedar Rd, Nanaimo, BC V9X 1L7

$999,900
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® ID969963
  • TypeMulti-Family
  • YEAR BUILT1952
  • NeighborhoodCedar

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$999,900
  • Real Estate Tax $3,443/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

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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Cedar

Established in the 1920s, Cedar is a lovely rural community just south of Nanaimo.

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