1922 Cedar Rd Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9X 1L7
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,392 sqft
Price per Sqft $210
MLS Listing ID 983979
Style Duplex Up/Down
Bedrooms 11
Rental Info Unrestricted
Year Built 1952
Annual Tax Amount $3,645
Tax Year 2024
Lot Size 1.200 Acres
Acres 1.2
Property Sub-Type Full Duplex
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 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
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Rooms
Other Rooms Storage Shed,Workshop
Basement Finished
Main Level Bedrooms 3
Kitchen 4
Interior
Heating Electric,Natural Gas
Cooling Air Conditioning
Flooring Mixed
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Window Features Insulated Windows
Heat Source Electric,Natural Gas
Laundry In Unit
Exterior
Parking Features Driveway
Utilities Available Compost,Electricity To Lot,Garbage,Natural Gas To Lot,Recycling
Roof Type Fibreglass Shingle
Total Parking Spaces 4
Building
Lot Description Easy Access,Level,Shopping Nearby,Southern Exposure
Faces West
Foundation Slab
Sewer Septic System
Water Municipal
Structure Type Insulation All
Others
Pets Allowed Yes
Restrictions None
Tax ID 004-521-064
Ownership Freehold
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Virtual Tour https://vimeo.com/848152763?share=copy