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Home NB Shippagan
142 5 Eme Rue
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142 5 Eme Rue $219,900
5 days ago
$219,900
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142 5 Eme Rue
Shippagan, New Brunswick E8S1B2

MLS® Number: NB114234
5
Bedrooms
2
Bathrooms
1200
Square Feet

Listing 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! (28151804)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
1200 sqft
Land Size
612 m2
Built in
1950
Annual Property Taxes
$2,641.84
Time on REALTOR.ca
5 days

Price and Sale History

Date Status Price
Dec 15, 2022 Sale Closed $125,000

Building

Bedrooms
Above Grade
5
Bathrooms
Total
2
Partial
1
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl

Measurements

Square Footage
1200 sqft
Total Finished Area
1200 sqft
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3

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