$924,900

1922 Cedar Rd, Nanaimo, BC, V9X 1L7

QuickQuote^TM: $828K - $1.1M

MLS® # 983979

11 Beds

6 Baths

4392 FEETSQ sqft

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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 vacant 4 bd, 2 ba unit. 1922B is a 3 bd, 2 ba unit that was fully renovated in 2018 where the tenant is paying $1369/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 $831/month + util. The upper unit in this dwelling is 1926 and this tenant is currently paying $947/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: $3,645
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:

Bedroom Main Level 4.04 m x 2.77 m
Bedroom Main Level 3.71 m x 2.92 m
Kitchen Main Level 5.18 m x 3.58 m
Living Main Level 3.91 m x 7.01 m
Bedroom Main Level 3.66 m x 3.30 m
Laundry Main Level 1.75 m x 2.92 m
Bathroom Main Level
Bathroom Main Level
Storage Main Level 1.14 m x 1.40 m
Living Other level :Lower 5.97 m x 3.56 m

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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.

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