142 5 Eme Rue Shippagan, New Brunswick E8S 1B2

$199,900

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:53560)

Property Details

MLS® Number	NB114234
Property Type	Single Family
Features	Cul-de-sac

Building

Bathroom Total	2
Bedrooms Above Ground	5
Bedrooms Total	5
Constructed Date	1950
Exterior Finish	Vinyl
Half Bath Total	1
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Size Interior	1,200 Ft2
Total Finished Area	1200 Sqft
Type	House
Utility Water	Municipal Water

Land

Access Type	Year-round Access, Public Road
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	612
Size Total	612 M2
Size Total Text	612 M2

https://www.realtor.ca/real-estate/28037570/142-5-eme-rue-shippagan