1922 Cedar Road Road
$1,025,000 | Cedar, Nanaimo
About this Duplex
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
Other Structures At 1922 Cedar, Cedar, Nanaimo
Storage Shed, Workshop
Lot Features Of 1922 Cedar, Cedar, Nanaimo
Easy Access, Level, Shopping Nearby, Southern Exposure
Listed by RE/MAX of Nanaimo.
Want to see it for yourself?
Call Shane at 778.585.5010 or fill out the form below.
Features
- MLS®: 950696
- Type: Duplex
- Bedrooms: 11
- Bathrooms: 6
- Square Feet: 4,392 sqft
- Lot Size: 52,272 sqft
- Taxes: $3,443 (2023)
- Parking: 4 Driveway
- Fireplaces: 1
- Year Built: 1952
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