142 5 Eme Rue Shippagan, New Brunswick E8S 1B2
$219,900
Located just a 3- to 5-minute walk from the University of Moncton, this turnkey revenue property offers a fantastic opportunity for investors seeking reliable, long-term rental income. This five-bedroom, one-and-a-half-bathroom home is currently rented by the room and is fully occupied under a renewable annual contract with the university for student housing. With guaranteed tenants and a steady cash flow, this property is a hassle-free investment in a high-demand area. Key Features: ? Prime Location: Walking distance to the university an unbeatable advantage for student rentals. ? Reliable Rental Income: Fully rented with a contract in place, ensuring stability. ? Turnkey Investment: No need to find tenants the university handles that for you! ? Strong Future Potential: With student demand continuing to rise, this property is a smart long-term asset. Sold all furnished. Whether you're a seasoned investor or looking to start your real estate portfolio, this revenue home offers consistent returns with minimal management effort. Dont miss this opportunity contact today for more details! (id:61805)
Property Details
| MLS® Number | NB114234 |
| Property Type | Single Family |
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 |
| Size Interior | 1,200 Ft2 |
| Total Finished Area | 1200 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 612 |
| Size Total | 612 M2 |
| Size Total Text | 612 M2 |
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March 18 2025 06:14:26
New Brunswick Real Estate Board
Royal LePage Parkwood Realty