142 5 Eme Rue, Shippagan

$219,900

5 Beds
2 Baths
1,200 Sqft
.15 Acres

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:6289)

Essential Information
Listing #NB114234
Price$219,900
Bedrooms5
Bathrooms2.00
Half Baths1
Square Footage1,200
Acres0.15
Year Built1950
TypeSingle Family
Community Information
Address142 5 Eme Rue
CityShippagan
ProvinceNew Brunswick
Postal CodeE8S1B2
Interior
HeatingElectric Baseboard heaters
Exterior
ExteriorVinyl
Listing Details
OfficeRoyal LePage Parkwood Realty

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