1922 Cedar Rd
Nanaimo
V9X 1L7
$949,900
Residential
beds: 11
baths: 6.0
4,392 sq. ft.
built: 1952
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 983979
- Bedrooms:
- 11
- Bathrooms:
- 6
- Year Built:
- 1952
- Photos (74)
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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
- Property Type:
- Residential
- Type:
- Full Duplex
- Year built:
- 1952 (Age: 73)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- 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:
- Signup
- Construction:
- Insulation All
- New Construction:
- No
- Basement:
- Finished
- Foundation:
- Slab
- Electricity:
- Yes
- Roof:
- Fibreglass Shingle
- Other Structures:
- Storage Shed, Workshop
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 4,392 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # 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:
- Signup
- Insulated Windows
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- 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
- 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:
- Signup
- Date Listed:
- Jan 10, 2025
- Original Price:
- 949900.0
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Virtual Tour
Listed by RE/MAX of Nanaimo
Data was last updated January 19, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 32
- Avg list price:
- $939,450
- Min list price:
- $199,900
- Max list price:
- $10,998,000
- Avg days on market:
- 76
- Min days on market:
- 1
- Max days on market:
- 376
- Avg price per sq.ft.:
- $459.39
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
- RE/MAX OF NANAIMO
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX OF NANAIMO
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca