
House For Sale
$199,900
MLS® Number: NB114234
Bedrooms
5
Bathrooms
2
Floor Area
1,200
Land Size
612
Year Built
1950
House For Sale
$199,900
Bedrooms
5
Bathrooms
2
Floor Area
1,200
Land Size
612
Year Built
1950
142 5 Eme Rue, Shippagan, New Brunswick
About This Property
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.
Property Details
Interior Details
Bathrooms Partial
1
Bathrooms Total
2
Bedrooms Total
5
Heating
Baseboard heaters, Electric
Living Area
1200 sqft
Building & Exterior
Exterior Features
Vinyl
Stories
1.5
Year Built
1950
Land & Location
Lot Features
Cul-de-sac
Lot Size Area
612.0 square meters
Lot Size Dimensions
612
Parcel Number
20371324
Postal Code
E8S1B2
Listing & Financials
Listing Office
Royal LePage Parkwood Realty
Originating System Name
New Brunswick REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Royal LePage Parkwood Realty
Mortgage Calculator
Estimated Monthly Payment
$982
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$982
Principal and interest only. Actual rates may vary.