BC > Nanaimo
Nanaimo, BC V9X 1L7,1922 Cedar Rd
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Nanaimo, BC V9X 1L7,1922 Cedar Rd
Nanaimo, BC V9X 1L7,1922 Cedar Rd
Nanaimo, BC V9X 1L7,1922 Cedar Rd
Nanaimo, BC V9X 1L7,1922 Cedar Rd

$862,500

Est. payment /mo

$924,900

6.7%
Est.Price: ?

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1922 Cedar Rd Nanaimo, BC V9X 1L7

11 Beds

6 Baths

4,392 SqFt

SOLD DATE : 04/30/2025

Key Details

Sold Price $862,500

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,392 sqft

Price per Sqft $196

MLS Listing ID 983979

Style Duplex Up/Down

Bedrooms 11

Year Built 1952

Annual Tax Amount $3,645

Tax Year 2024

Lot Size 1.200 Acres

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

Area Na Cedar

Rooms

Other Rooms Storage Shed, Workshop

Kitchen 4

Interior

Heating Electric, Natural Gas

Cooling Air Conditioning

Flooring Mixed

Fireplaces Number 1

Fireplaces Type Wood Burning

Laundry In Unit

Exterior

Parking Features Driveway

Utilities Available Compost, Electricity To Lot, Garbage, Natural Gas To Lot, Recycling

Roof Type Fibreglass Shingle

Building

Lot Description Easy Access, Level, Shopping Nearby, Southern Exposure

Building Description Insulation All, Duplex Up/Down

Foundation Slab

Sewer Septic System

Water Municipal

Structure Type Insulation All

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

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John Cooper

John Cooper

+1(250) 619-9207

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Listed by RE/MAX of Nanaimo
Bought with RE/MAX Generation (LD)
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