$199,900
142 5 Eme Rue
Beds
5
Baths
2 full + 1 half
Sqft
—
Year
1950
Type
Single Family
Suite
—
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Shippagan. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
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:65958)
- Subtype
- Single Family
- Structure
- House
- Common interest
- Freehold
- Living area
- 1,200 square feet
- Lot size
- 612 square meters
- Lot dimensions
- 612
- Bedrooms
- 5 above grade, 0 below grade
- Stories
- 1.5
- On market
- Mar 18, 2025
- Status changed
- Apr 17, 2026
- Annual tax
- $2,641.84
- Photos
- 29
- MLS#
- NB114234
- Area
- SHIPPAGAN
Features and systems
Heating
Exterior
Lot
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.