142 5 Eme Rue, Shippagan, New Brunswick E8S 1B2

142 5 Eme Rue, Shippagan, New Brunswick E8S 1B2

$189,900

  • 5 bedrooms
  • 2 bathrooms
  • 1,200 Square Feet

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 ... read more

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:39198)

  • Listing ID: NB114234
  • Property Type: Single Family
  • Year Built: 1950
Property
Ownership: Freehold
Lot Size: 612 M2
Building
Type: Single Family House
HVAC: Baseboard Heaters and Fireplace
Electric
Exterior: Vinyl
Utilities: Municipal Sewage System
Location
Town: Shippagan
Province: New Brunswick

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This property, located at 142 5 Eme Rue in Shippagan New Brunswick, was published on March 18th, 2025. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Shippagan convenient.