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Graham Terryberry

graham@terryberrygroup.com +1(403) 909-6787

$ 949,900

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1922 Cedar Rd Nanaimo, BC V9X1L7

11 Beds

6 Baths

4,392 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,392 sqft

Price per Sqft $216

Subdivision Cedar

MLS® Listing ID 983979

Bedrooms 11

Originating Board Vancouver Island Real Estate Board

Year Built 1952

Lot Size 1.200 Acres

Acres 52272.0

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 4 bd, 2 ba unit with tenant paying $1928/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 $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 (id:24570)

Location

Province BC

Zoning Residential

Rooms

Extra Room 1 Second level 4-Piece Bathroom

Extra Room 2 Second level 10'9 x 9'7 Bedroom

Extra Room 3 Second level 11'4 x 11'3 Primary Bedroom

Extra Room 4 Second level 7'5 x 7'0 Laundry room

Extra Room 5 Second level 11'1 x 8'5 Kitchen

Extra Room 6 Second level 14'10 x 15'0 Living room

Interior

Heating ,

Cooling Air Conditioned

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold

Listed by RE/MAX of Nanaimo

Graham Terryberry

Agent / Team Leader

+1(403) 909-6787

Graham Terryberry

1922 Cedar Rd Nanaimo, BC V9X1L7

Key Details

Location

Rooms

Interior

Exterior

Others

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1922 Cedar Rd