




This 5-bedroom, 2-bathroom single family in Shippagan offers 1,200 sqft of living area on a 612 sqft lot. Built in 1950, 1 storey. The property has lot dimensions of 612. The home features baseboard heaters, electric heating.
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:60351)
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Listed by Denise Benoit, Royal LePage Parkwood Realty
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Listing represented by Denise Benoit, Royal LePage Parkwood Realty · MLS# NB114234
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.