1922 Cedar Rd | $999,900
Karen Maika Agent Photo
Karen
Maika
C. (250) 730-7284
 P. (250) 723-5666
 Phone Karen https://www.karenmaika.com
RE/MAX MID-ISLAND REALTY
4201 Johnston Rd.
 Port Alberni, BC
 Canada V9Y 5M8

Details

%
Years (35 year max)
Years



Address 1922 Cedar Rd
AreaNanaimo
Sub AreaCedar
State/ProvinceBritish Columbia
CountryCanada
Price$999,900
Property TypeFull Duplex
Bedrooms11
Bathrooms6
Floor Space4392 Square Feet
Lot Size52272.00 Square Feet
WaterfrontNo
Year Built1952
Taxes $3,442
Tax Year2023
MLS® #969963

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.

Listed by RE/MAX OF NANAIMO

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Location

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Data Source: Statistics Canada
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About

I have called the Alberni valley home since 2004, “A gem with great growth potential made more enjoyable by the pride and enthusiasm of the hard-working and down-to-earth people who live here.”

I am an active member of the Alberni Valley Curling Club. I am the President of the Rainbow Gardens Care Home Auxiliary, and am the Treasurer of the West Coast General Hospital Foundation. As a former Private Wealth Advisor with the Coastal Community Private Wealth Group, I have extensive experience in helping people achieve their dreams; and plans to continue this rewarding work in the real estate industry.

If you are looking to sell your cherished home, or are a first time buyer, or looking to upgrade or downsize, or looking to make a real estate investment, I am dedicated to putting my clients interest first.