$999,900 FOR SALE

Duplex

Bedrooms: 11Bathrooms: 6

1922 Cedar Rd
Nanaimo, BC V9X 1L7 | Cedar

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:47423)

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Listed By RE/MAX of Nanaimo
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 969963
Last Updated Jul 10, 2024
Property Summary
Property Type Duplex

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Neighbourhood Cedar
Price History
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Detailed Information
Bedrooms 11
Bathrooms 6
Features Level lot, Southern exposure, Other
Listing Contract Date 2024-07-10
Municipal ID 004-521-064
Ownership Type Freehold
# of Parking Spaces 4
Plan VIP7914
Property Type Single Family
Structures Shed, Workshop
Transaction Type For sale
Zoning Residential
Building
Constructed Date 1952
Cooling Type Air Conditioned
Fireplace Present Yes
# of Fireplaces 1
Heating Fuel Electric, Natural gas
Total Finished Area 4392 sqft
Type Duplex
Rooms
Room Level Dimensions Notes
BathroomSecond level4-Piece
BedroomSecond level10'9 x 9'7
Primary BedroomSecond level11'4 x 11'3
Laundry roomSecond level7'5 x 7'0
KitchenSecond level11'1 x 8'5
Living roomSecond level14'10 x 15'0
BathroomLower level2-Piece
BathroomLower level4-Piece
Laundry roomLower level7'4 x 5'8
Primary BedroomLower level11'3 x 8'10
BedroomLower level8'4 x 11'8
BedroomLower level9'1 x 9'8
BedroomLower level7'2 x 11'8
Dining roomLower level19'7 x 11'8
KitchenLower level10'9 x 11'0
Living roomLower level19'7 x 11'8
StorageMain level3'9 x 4'7
BathroomMain level4-Piece
BathroomMain level2-Piece
Laundry roomMain level5'9 x 9'7
BedroomMain level12'2 x 9'7
BedroomMain level13'3 x 9'1
BedroomMain level12'0 x 10'10
KitchenMain level17'0 x 11'9
Living roomMain level12'10 x 23'0
BathroomOther4-Piece
Laundry roomOther7'5 x 7'0
Primary BedroomOther11'4 x 11'3
BedroomOther10'9 x 9'7
KitchenOther11'1 x 8'5
Living roomOther14'10 x 15'0
Parking Spaces
Name Spaces
Stall
Land
Total Size 1.2 acres
Access Type Road access
Acreage Yes
Size of Irregular Land 1.2

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