$199,900
FOR SALE

Detached

Bedrooms: 5Bathrooms: 2

142 5 Eme Rue
Shippagan, NB E8S 1B2

Located within walking distance of the Université de Moncton in Shippagan, this fully turnkey income property offers a rare opportunity to invest in a stable and high-performing asset. Featuring five bedrooms and one and a half bathrooms, the home is currently rented by the room and fully occupied under a renewable annual agreement with the university for student housing. This setup ensures consistent occupancy and predictable income, significantly reducing the challenges typically associated with rental management. Sold fully furnished, this property allows for a seamless and immediate transition for the next owner. Its prime location, combined with strong and growing student demand, makes it a smart investment with excellent long-term return potential. Turnkey opportunities like this are increasingly hard to find. (id:47421)
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Listed By eXp Realty
Data Provided By New Brunswick REALTORS®
MLS® Listing Number NB114234
Last Updated Apr 17, 2026
Property Summary
Property Type Detached

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Detailed Information
Bedrooms 5
Bathrooms 2
Features Cul-de-sac
Municipal ID 20371324
Ownership Type Freehold
Property Type Single Family
Transaction Type For sale
Building
Constructed Date 1950
Exterior Finish Vinyl
# of Half Bathrooms 1
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 1.5
Total Finished Area 1200 sqft
Type House
Utility Water Municipal water
Land
Total Size 612 square meters
Access Type Year-round access, Public Road
Sewer Municipal sewage system
Size of Irregular Land 612

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