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142 5 Eme Rue
homes for sale · Shippagan
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$189,900

142 5 Eme Rue

Shippagan · MLS® NB114234

52

1,200 sq ft · 612 m² lot · House · Single Family · built 1950 · 585 days on market

listed by Kathleen Leger, eXp Realty

realtor's description

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.

property details

type
House, Single Family
bedrooms
5
bathrooms
2
listed by
Kathleen Leger
eXp Realty
call Kathleen · 506-724-3301
Powered by: REALTOR.ca

similar homes nearby

living area
1,200 sq ft
lot
612 m²
parking
0
year built
1950
property tax
$2,642 / yr
days on market
585
MLS®
NB114234

features

  • Cul-de-sac

monthly cost

$1,048/mo
Mortgage $827 · Tax $220

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$827/ monthly
loan $151,920
25-year amortization
total interest
$96,293
cash to close
$37,980
down payment; transfer tax and fees not included
total paid
$248,213

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

156 Leblanc Street, Shippagan
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156 Leblanc Street, Shippagan, photo 6
156 Leblanc Street, Shippagan, photo 7
156 Leblanc Street, Shippagan, photo 8
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