map icon

1922 Cedar Rd

Cedar RdNanaimo ABC, V9X 1L7

11
Beds
6
Baths
4,392
Sq. Ft.
$1,025,000
List Price
1922 Cedar Rd, Nanaimo A, BC - 1 of 3
1922 Cedar Rd, Nanaimo A, BC - 2 of 3
1922 Cedar Rd, Nanaimo A, BC - 3 of 3
133 days on market

Quick Summary

  • Investment opportunity with 2 full up-down duplexes.
  • Located on a level 1.2 acres in Cedar, walking distance.
  • Great income earning potential with 4 month-to-month tenants.
  • 1922A: 4 bd, 2 ba unit, tenant paying $1878/month + util.
  • 1922B: 3 bd, 2 ba renovated in 2018, $1319/month + util.
  • 1924: 2 bed, 1 bath, tenant for 34 years, $781/month + util.
  • 1926: 2 bed, 1 bath, $897/month + util. New Septic in 2023.
  • All units have private entrances and laundry facilities.

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... Show More

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 bed, 1 bath 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 and private entrances. The tenants in 1924 & 1926 share the use of the detached carport/workshop. New Septic installed December 2023 for 1924/1926. Data and measurements are approx. and must be verified if import. (id:54626)

Additional Media

View Additional Media

Property Details

Size

4,392 sq. ft.
31 total rooms
11 Beds
6 Baths
6 Full

Parking

4 Parking Spaces
Stall

Build

Year Built
1952
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
-
Cooling
Air Conditioned
SHOW LESS

Rooms

Bathroom

Bathroom

Bedroom

9′6″ x 10′9″

Primary Bedroom

11′3″ x 11′3″

Laundry room

7′ x 7′5″

Kitchen

8′5″ x 11′

Living room

15′ x 14′9″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
950696
Last Updated
April 24, 2024
Brokerage
RE/MAX of Nanaimo
Powered by: REALTOR.ca
Call us 800-591-0566

Book A Private Showing

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.