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1922 Cedar Rd
Nanaimo British Columbia V9X1L7 Canada

$949,900

Active Listing ID 983979
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11 bed
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4,392 square feet
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6.00 Bath
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Single Family

$949,900

Active Listing ID 983979
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1922 Cedar Rd 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 $1928/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 $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 (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Air Conditioned
  • Heating Systems: Electric, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 2/6/2025 12:00:40 AM GMT
Source Updated Date: 2/20/2025 4:09:18 AM GMT

Courtesy of: Charlie Parker, Personal Real Estate Corp, RE/MAX of Nanaimo