1922 Cedar Rd, Nanaimo, BC V9X 1L7
- $1,025,000
- 11
- BD
- 6
- BA
- 4,392
- SqFt
Courtesy of RE/MAX of Nanaimo
- List Price
- $1,025,000
- Price Change
- ▼ $25,000 1714001131
- Bedrooms
- 11
- Sq. Ft
- 4,392
- Acres
- 1.20
- Year Built
- 1952
- Subdivision
- 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
- Style
- Up & Down (Duplex)
- Lot Size
- 52,272
- Lot Features
- Road - Paved, Easy Access, Level Lot, Shopping Nearby, Southern Exp
- Fireplaces
- 1
- Fireplace Type
- Wood Burning
- Parking Type
- Driveway
- Heating
- Electric, Natural Gas
- Cooling
- Air Conditioning
- Office Name
- RE/MAX of Nanaimo
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Listing content Copyright 2024 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.