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:50541)

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

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