1922 Cedar Rd, Nanaimo, BC, V9X 1L7

$999,900

MLS® # 969963

House For Sale In Nanaimo, British Columbia

$999,900

  • 11

    Bedrooms

  • 6

    Baths

  • 1.20 Acres

    Lot Size

Property Information:

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

Property Features:

  • Bedrooms: 11
  • Bathrooms: 6
  • Annual Tax Amount: $3,442
  • Basement: Finished
  • Built in: 1952
  • Construction Materials: Insulation All
  • Cooling: Air Conditioning
  • Fireplace Features: Wood Burning
  • Floor Space (approx): 4392 Square Feet
  • Flooring: Mixed
  • Foundation Details: Slab
  • Heating: Electric, Natural Gas
  • Laundry Features: In Unit
  • Lot Features: Easy Access, Level, Shopping Nearby, Southern Exposure
  • Lot Frontage: 52272 Square Feet
  • Lot Size: 1.20 Acres
  • Other Structures: Storage Shed, Workshop
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Full Duplex
  • Road Surface Type: Paved
  • Roof: Fibreglass Shingle
  • Utilities: Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
  • Water Source: Municipal
  • Window Features: Insulated Windows
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Laundry Other level :Other 2.26 m x 2.13 m
  • Laundry 2nd Level 2.26 m x 2.13 m
  • Other Other level :Other 3.45 m x 3.43 m
  • Other Other level :Lower 3.43 m x 2.69 m
  • Bathroom Other level :Other
  • Bathroom 2nd Level
  • Bathroom Main Level
  • Bathroom Other level :Lower
  • Bedroom Other level :Other 3.28 m x 2.92 m
  • Dining Other level :Lower 5.97 m x 3.56 m

Courtesy of: RE/MAX of Nanaimo

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.

Additional Photos