165 days on Market

1922 Cedar Rd, Nanaimo, British Columbia V9X1L7

Detached
11
6
~4392 sqft
$999,900
Get pre-qualifiedPowered by Neo Mortgage
Detached
11
6
~4392 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$227/sqft

Est. Mortgage$4,294/mo

Tax Amount ()-

Days On Market165 days


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 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:39198)


Property Details

StyleDuplex
View-
Age of property1952
SqFt~4392 SqFt
Lot Size-
Parking Spaces4
MLS ®Number969963
Community NameCassidy
Data SourceCREA
Listing byRE/MAX of Nanaimo

Features

Cooling: Air Conditioned

Second level Floor

Bathroom

Bedroom

10'9 x 9'7

Primary Bedroom

11'4 x 11'3

Laundry room

7'5 x 7'0


Parking

Garage spaces 4

Garage type Stall

Other parking spaces 0

Total parking spaces 4


Property listed by RE/MAX of Nanaimo, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 7260
Average household income $111,884

Age (%)

50 to 64
27%
65 and plus
25%
0 to 19
17%
35 to 49
17%
20 to 34
14%

Household composition (%)

Single family
69%
Single person
25%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
96%
French
1%
German
1%
Others
1%

House tenancy (%)

Owners
84%
Renters
16%

Schools and amenities

Estimated Budget

Powered by:
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.