For Sale

$199,900

142 5 Eme Rue , Shippagan, NB E8S 1B2

5+0 Beds 1+1 Baths

Remarks

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. Don’t miss this opportunity – contact today for more details!

Property Summary

  • Floor Space (approx): 1200 Square Feet
  • Built in: 1950
  • Bedrooms: 5+0
  • Bathrooms (Total): 1+1

Property Features:

  • Driveway:
    Asphalt
  • Exterior:
    Vinyl
  • Heating Cooling:
    Baseboard , Electric
  • Property Size:
    Under 0.5 Acres
  • Property Style:
    1.5 Storey
  • Water:
    Municipal
Lifestyle
Neighbourhood Info
Agent

Denise Benoit

Salesperson/REALTOR®

Phone: 506.546.0660

Cell: 506.252.9445

Home Fax: 506.546.0673

Get More Info