$ 999.900

1922 Cedar Rd, Nanaimo

  • Bedrooms: 11
  • Bathrooms: 6
  • Living area: 4392 square feet
  • Type: Duplex
  • Added: 136 days ago
  • Updated: 136 days ago
  • Last Checked: 6 hours ago
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:1945)
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Property DetailsKey information about 1922 Cedar Rd

  • Cooling: Air Conditioned
  • Heating: Electric, Natural gas
  • Year Built: 1952
  • Structure Type: Duplex

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 4392
  • Bedrooms Total: 11
  • Fireplaces Total: 1
  • Above Grade Finished Area: 4392
  • Above Grade Finished Area Units: square feet

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1922 Cedar Rd

  • Lot Features: Level lot, Southern exposure, Other
  • Lot Size Units: acres
  • Parking Total: 4
  • Parking Features: Stall
  • Lot Size Dimensions: 1.2

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Tax & Legal InformationGet tax and legal details applicable to 1922 Cedar Rd

  • Tax Lot: 12
  • Zoning: Residential
  • Parcel Number: 004-521-064
  • Tax Annual Amount: 3442.65

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 4
Room Dimensions
Type Level Dimensions
Bathroom Second level 4-Piece
Bedroom Second level 9'7 x 10'9
Primary Bedroom Second level 11'3 x 11'4
Laundry room Second level 7'0 x 7'5
Kitchen Second level 8'5 x 11'1
Living room Second level 15'0 x 14'10
Bathroom Other 4-Piece
Laundry room Other 7'0 x 7'5
Primary Bedroom Other 11'3 x 11'4
Bedroom Other 9'7 x 10'9
Kitchen Other 8'5 x 11'1
Living room Other 15'0 x 14'10
Bathroom Lower level 2-Piece
Bathroom Lower level 4-Piece
Laundry room Lower level 5'8 x 7'4
Primary Bedroom Lower level 8'10 x 11'3
Bedroom Lower level 11'8 x 8'4
Bedroom Lower level 9'8 x 9'1
Bedroom Lower level 11'8 x 7'2
Dining room Lower level 11'8 x 19'7
Kitchen Lower level 11'0 x 10'9
Living room Lower level 11'8 x 19'7
Storage Main level 4'7 x 3'9
Bathroom Main level 4-Piece
Bathroom Main level 2-Piece
Laundry room Main level 9'7 x 5'9
Bedroom Main level 9'7 x 12'2
Bedroom Main level 9'1 x 13'3
Bedroom Main level 10'10 x 12'0
Kitchen Main level 11'9 x 17'0
Living room Main level 23'0 x 12'10
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Nearby Listings Stat

Active listings
1
Min Price
$999,900
Max Price
$999,900
Avg Price
$999,900
Days on Market
136 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

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Address
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Additional Information about 1922 Cedar Rd

This Duplex at 1922 Cedar Rd Nanaimo, BC with MLS Number 969963 which includes 11 beds, 6 baths and approximately 4392 sq.ft. of living area listed on Nanaimo market by Charlie Parker - RE/MAX of Nanaimo at $999,900 136 days ago.

We have found 1 Duplex that closely match the specifications of the property located at 1922 Cedar Rd with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 699,900 and 699,900.

The current price of the property is $999,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $809,919. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.

More Details?
Charlie Parker
  • Charlie Parker
  • RE/MAX of Nanaimo
  • 250-751-1223
  • WebSite

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