Address
1922 Cedar Rd, Nanaimo, BC
Price
$ 999,900
Property Attributes
  • MLS#950696
  • TypeSingle Family
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Cedar
  • Postal CodeV9X 1L7
  • StyleFull Duplex
  • Year Built1952
  • Taxes$ 3443
  • Price$ 999,900
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4392
  • Lot Size1.2 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

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 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 $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 & 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

General Features

Sewer Septic System
Heating Electric,Natural Gas
Cooling Air Conditioning
Roof Fibreglass Shingle
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Property SubType Full Duplex
Property Type Residential
Parking Total 4
Construction Materials Insulation All
Zoning Type Residential
Bathrooms Count Main Level 2

Interior Features

Basement Finished
Flooring Mixed
Basement Y/N Yes
Fireplace Features Wood Burning
Total Units 4
Fireplaces Total 1
Total Kitchens 4
Fireplace Yes
Window Features Insulated Windows
Laundry Features In Unit
Living Area Third 0.00
Living Area Second 806.00
Living Area Other 806.00
Living Area Main 1388.00
Living Area Lower 1392.00
Kitchens Count Second Level 1
Kitchens Count Other Level 1
Kitchens Count Main Level 1
Kitchens Count Lower Level 1
Building Area Unfinished 0.00
Bedrooms Or Dens Total 11
Bedrooms Count Second Level 2
Bedrooms Count Other Level 2
Bedrooms Count Main Level 3
Bedrooms Count Lower Level 4
Bathrooms Count Lower Level 2
Bathrooms Count Other Level 1
Bathrooms Count Second Level 1
Bath 4 Piece Total 4
Bath 2 Piece Total 2
Basement Height Feet 7
Basement Height Inches 7

Exterior Features

Lot Features Easy Access,Level,Shopping Nearby,Southern Exposure
Other Structures Storage Shed,Workshop
Water Source Municipal
Parking Features Driveway
Foundation Slab
Building Area Total 4392.00
Lot Size Square Feet 52272.00
Lot Size Acres 1.20
Driveway YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9X 1L7

Price
AVG $1,000K
$1,000K
Taxes
AVG $3,443
$3,443
Visits
AVG 906
926
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1952

Areas We Cover