1922 Cedar Rd Active

Nanaimo,BC V9X 1L7

$ 924900

11 Beds

6 Baths

4392 SqFt


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 Na Cedar

Direction West

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

Laundry In Unit

Exterior

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

Building Description Insulation All, Duplex Up/Down

Faces West

Foundation Slab

Sewer Septic System

Water Municipal

Structure Type Insulation All

Others

Restrictions None

Tax ID 004-521-064

Ownership Freehold

Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs

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