$199,900

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

  • 5
  • 2
  • 1200 sqft sq ft

Located within walking distance of the Université de Moncton in Shippagan, this fully turnkey income property offers a rare opportunity to invest in a stable and high-performing asset. Featuring five bedrooms and one and a half bathrooms, the home is currently rented by the room and fully occupied under a renewable annual agreement with the university for student housing. This setup ensures consistent occupancy and predictable income, significantly reducing the challenges typically associated with rental management. Sold fully furnished, this property allows for a seamless and immediate transition for the next owner. Its prime location, combined with strong and growing student demand, makes it a smart investment with excellent long-term return potential. Turnkey opportunities like this are increasingly hard to find. (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 Year-round access, Public Road
  • Water Municipal water
  • Features N/A
  • Sewer Municipal sewage system

Property Map