142 5 Eme Rue, Shippagan, New Brunswick

$189,900

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5

Beds

2

Baths

1,200

Square feet

0.15

Acres

About 142 5 Eme Rue

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:36535)

Features of 142 5 Eme Rue

Listing # NB114234
Price $189,900
Bedrooms 5
Bathrooms 2.00
Half Baths 1
Square Footage 1,200
Acres 0.15
Year Built 1950
Type Single Family
Sub-Type Freehold

Community Information

Address 142 5 Eme Rue
City Shippagan
Province New Brunswick
Postal Code E8S1B2

Amenities

Features Cul-de-sac
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl

Listing Details

OfficeCourtesy Of eXp Realty