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$ 199,900
Est. payment | /mo
5 Beds
2 Baths
1,200 SqFt
$ 199,900
Est. payment | /mo
5 Beds
2 Baths
1,200 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1200
Square Footage 1,200 sqft
Price per Sqft $166
MLS® Listing ID NB114234
Bedrooms 5
Half Baths 1
Year Built 1950
Lot Size 6,587 Sqft
Acres 0.15122849
Property Sub-Type Freehold
Property 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. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by eXp Realty
Nearby Locations
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