Address
142 5 Eme Rue, Shippagan, NB
Price
$ 189,900
Property Attributes
  • MLS® #NB114234
  • TypeSingle Family
  • Listing Status Active
  • CityShippagan
  • AreaAcadian Peninsula
  • Postal CodeE8S 1B2
  • Style1.5 Storey
  • Year Built1950
  • Taxes$ 2641
  • Price$ 189,900
  • Bedrooms5
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1200
Data Source:
New Brunswick Real Estate Board
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.

Price History
3/18/2025 Listed $219,900
5/12/2025 10$199,900
6/24/2026 6$189,900

General Features

Roof Asphalt Shingle
Occupancy Tenant
Water Supply Municipal
Style Home
Age 75
Property Type Residential
Tax Year 2025
Parcel Number 20371324
Status Active
Region Northern & Valley
District Gloucester County
Sub Type Single Family
Year Built 1950
City Shippagan
Heating Cooling Baseboard,Electric
Taxes 2641.84
Schools École L'Envolée (K-8),École Marie-Esther (9-12)
Sale Type Registered Owner
Street Name 5 Eme Rue
Public Remarks 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
Subdistrict Acadian Peninsula

Interior Features

Basement Unfinished
Full Baths 1
Half Baths 1
Sq Ft Total 1200
Beds Total 5

Exterior Features

Exterior Vinyl
Driveway Asphalt
Land Features Cul-de-sac
Property Style 1.5 Storey
Sewers Municipal
Garage Y/N Yes
Lot Size Unit Sq Meters
Street Number 142

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in E8S 1B2

Price
AVG $190K
$190K
Taxes
AVG $2,641
$2,641
Year Built
AVG 1950
1950
Visits
AVG 14
27
Data Provided by Inside Real Estate®

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