1922 Cedar Rd

Full Duplex For Sale in Na Cedar, Nanaimo

$999,900
  • 11 Beds
  • 6 Baths
  • 4,392 Sq. Ft.
  • Built 1952
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.
Address 1922 Cedar Rd
List Price $999,900
Property Type Residential
Type of Dwelling Full Duplex
Area Nanaimo
Sub-Area Na Cedar
Bedrooms 11
Bathrooms 6
Floor Area 4,392 Sq. Ft.
Lot Size 52272 Sq. Ft.
Year Built 1952
MLS® Number 969963
Listing Brokerage RE/MAX of Nanaimo
Basement Area Finished
Postal Code V9X 1L7
Tax Amount $3,443
Tax Year 2023
Features Electric, Insulated Windows, Mixed, Natural Gas
Amenities Easy Access, Level, Shopping Nearby, Southern Exposure, Storage Shed, Workshop

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Brian Coombe

RE/MAX of Nanaimo

1-5140 Metral Drive Nanaimo BC V9T 2K8

Office: 604-626-7766

brian@briancoombe.com