Bought with Bailey Ellis RE/MAX Generation (LD)
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1922 Cedar Rd Nanaimo, BC V9X 1L7
11 Beds
6 Baths
4,392 SqFt
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,392 sqft
MLS Listing ID 983979
Sold Date -
Style Duplex Up/Down
Bedrooms 11
HOA Y/N No
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
Community Na Cedar
Area Nanaimo
Rooms
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
Parking Features Driveway
Garage Spaces 4.0
Utilities Available Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
View Y/N false
Roof Type Fibreglass Shingle
Street Surface Paved
Total Parking Spaces 4
Garage No
Building
Lot Description Easy Access, Level, Shopping Nearby, Southern Exposure
Foundation Slab
Sewer Septic System
Water Municipal
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Restrictions None
Ownership Freehold
Special Listing Condition Resale
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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.”