$199,900

142 5 Eme Rue
Shippagan, New Brunswick E8s1b2
MLS® Number: NB114234

  • 5
  • 2
  • 1200 sqft sq ft

Located just a 3- to 5-minute walk from the University of Moncton, this turnkey revenue property offers a fantastic opportunity for investors seeking reliable, long-term rental income. This five-bedroom, one-and-a-half-bathroom home is currently rented by the room and is fully occupied under a renewable annual contract with the university for student housing. With guaranteed tenants and a steady cash flow, this property is a hassle-free investment in a high-demand area. Key Features: ? Prime Location: Walking distance to the university an unbeatable advantage for student rentals. ? Reliable Rental Income: Fully rented with a contract in place, ensuring stability. ? Turnkey Investment: No need to find tenants the university handles that for you! ? Strong Future Potential: With student demand continuing to rise, this property is a smart long-term asset. Sold all furnished. Whether you're a seasoned investor or looking to start your real estate portfolio, this revenue home offers consistent returns with minimal management effort. Dont miss this opportunity contact today for more details! (id:34572)


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Property Summary

  • Bedrooms 5
  • Bathrooms 2
  • Architectural Style N/A
  • Property Type Single Family
  • Square Footage 1200 sqft
  • Total Finished Area 1200 sqft
  • Built In 1950
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters
  • Title N/A
  • Rental Equipment N/A
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring N/A
  • Type House

Land Properties

  • Lot Size 612 m2
  • Access Type N/A
  • Water Municipal water
  • Features N/A
  • Sewer Municipal sewage system

Property Map