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
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