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$ 199,900
Est. payment /mo
Price Dropped by $20K
142 5 Eme Rue Shippagan, NB E8S1B2
5 Beds
2 Baths
1,200 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $166
MLS® Listing ID NB114234
Bedrooms 5
Half Baths 1
Year Built 1950
Lot Size 6,587 Sqft
Acres 0.15122849
Source New Brunswick Real Estate Board
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by Royal LePage Parkwood Realty
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