For Sale: 142-5 Eme Rue, Shippagan, NB - REW
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$199,900
5 bd • 2 ba • 1200 sf • House
142-5 Eme Rue
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$199,900

142 5 Eme RueShippagan, NB, E8S 1B2

  • 5 Bed
  • 2 Bath
  • 1200 Sqft
  • House

About this home

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:63626)
Listed by: Kathleen Leger, Salesperson, eXp Realty

Home facts and features

Price details
List Price
$199,900
Gross Taxes for 2026
$2,642
Home facts
Bedrooms
5
Full Bathrooms
1
Partial Bathrooms
1
Property Type
House
Lot Size
6587 ft²
Depth
Year Built
Built in 1950 (76 yrs old)
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Baseboard heaters, Electric
Features
Cul-de-sac
Agent details
Primary Agent
Kathleen Leger
Primary Broker
eXp Realty
Listing details
Days on REW
169 Days
MLS® Number
NB114234
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Milltown Elementary School
  • n/a
  • K - 5
  • In Catchment
St. Stephen Middle School
  • n/a
  • 6 - 8
  • In Catchment
St. Stephen Elementary School
  • n/a
  • K - 5
  • In Catchment
Vincent Massey Elementary School
  • n/a
  • K - 5
  • In Catchment
Sir James Dunn Academy
  • n/a
  • 6 - 12
  • In Catchment
McAdam High School
  • n/a
  • 6 - 12
  • In Catchment
McAdam Elementary School
  • n/a
  • K - 5
  • In Catchment
Blacks Harbour School
  • n/a
  • K - 5
  • In Catchment
St. George Elementary School
  • n/a
  • K - 5
  • In Catchment
Fundy Middle And High School
  • n/a
  • 6 - 12
  • In Catchment
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      Call Agent
      Salesperson
      Kathleen Leger
      Phone:
      (506) 724-3301
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