$ 999,900 – 1922 Cedar Road

This listing presented by Lorne Ayers. Contact Lorne by phone: (250) 860-1100 or email direct here.

Listing Info

Area: Nanaimo
Property Type: Single Family
Ownership: Freehold
MLS® Number: 950696
Bedroom: 11
Bathroom: 6
Year Built: 1952
Lot Size: 1.2
Listing Status: Active
List Price: $ 999,900

Place Nearby (within radius 1.5 km)



11 BR / 6 BA Single Family – Nanaimo

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 bed, 1 bath 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 and private entrances. The tenants in 1924 & 1926 share the use of the detached carport/workshop. New Septic installed December 2023 for 1924/1926. Data and measurements are approx. and must be verified if import. (id:6769)

Construction Info

Interior Finish: 4392
Parking: 4

Rooms Dimension

Listing Agent:

Charlie Parker
(250) 751-1223

Brokerage:

RE/MAX of Nanaimo
(250) 751-1223
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