142 5 Eme Rue, Shippagan, New Brunswick

$199,900

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5

Beds

2

Baths

1,200

Square feet

0.15

Acres

About 142 5 Eme Rue

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:36535)

Features of 142 5 Eme Rue

Listing # NB114234
Price $199,900
Bedrooms 5
Bathrooms 2.00
Half Baths 1
Square Footage 1,200
Acres 0.15
Year Built 1950
Type Single Family

Community Information

Address 142 5 Eme Rue
City Shippagan
Province New Brunswick
Postal Code E8S1B2

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Fireplace No
Has Basement No

Exterior

Exterior Vinyl

Listing Details

OfficeCourtesy Of Denise Benoit Of Royal LePage Parkwood Realty