CEDAR - YELLOW POINT LISTINGS

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1922 Cedar Rd
Na Cedar Nanaimo V9X 1L7

$1,050,000
Residential beds: 11 baths: 6.0 4,392 sq. ft. built: 1952

Main Photo: 1922 Cedar Rd in Nanaimo: Na Cedar Full Duplex for sale : MLS®# 950696
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Status:
Active
Prop. Type:
Residential
MLS® Num:
950696
Bedrooms:
11
Bathrooms:
6
Year 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 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
Property Type:
Residential
Type:
Full Duplex
Year built:
1952 (Age: 72)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
4,392 sq. ft.
Listing General Location:
Na Cedar, Nanaimo
Bedrooms:
11
Bathrooms:
6.0 (Full:-/Half:-)
Lot Size:
1.2 acre(s)
Kitchens:
4
Taxes:
Construction:
Insulation All
New Construction:
No
Basement:
Finished
Foundation:
Slab
Electricity:
Yes
Roof:
Fibreglass Shingle
Other Structures:
Storage Shed, Workshop
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
4,392 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
11
# Main Level Bedrooms:
3
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
4
# Other Level Bedrooms:
2
# Main Level Bathrooms:
2
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
1
# Main Level Kitchens:
1
# Second Level Kitchens:
1
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
1
Living Area Lower Floor:
1,392 sq. ft.
Living Area Main Floor:
1,388 sq. ft.
Living Area Other Floor:
806 sq. ft.
Living Area 2nd Floor:
806 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Septic System
Cooling:
Air Conditioning
Heating:
Electric, Natural Gas
Fireplace:
Yes
Pending Date:
Insulated Windows
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Other
Other
Other
Other
Other
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
2nd Floor
Lower Level
Lower Level
Other
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
2
Number of 3 piece baths:
0
Number of 4 piece baths:
4
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Utilities:
Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
Exposure / Faces:
West
Layout:
Duplex Up/Down
Lot Site Features:
Easy Access, Level, Shopping Nearby, Southern Exposure
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 09, 2024
Original Price:
1050000.0
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Listed by RE/MAX of Nanaimo
Data was last updated April 16, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$779,000
Min list price:
$115,000
Max list price:
$10,998,000
Avg days on market:
46
Min days on market:
1
Max days on market:
426
Avg price per sq.ft.:
$442.91
These statistics are generated based on the current listing's property type and located in Na Cedar. Average values are derived using median calculations.
DEANA BAUMEL PREC
MICHAEL PETERSON PREC
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.