142 5 Eme Rue - Main photo, Shippagan, New Brunswick

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$199,900

142 5 Eme Rue — Shippagan, New Brunswick

E8S1B2

5Beds

2Baths

1,200Sq Ft

1950Built

612Lot Sq Ft

About This Property

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:63357)

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 5
Bathrooms: 2
Half Baths: 1
Living Area: 1,200 sqft
Above Grade Area: 1,200 sqft
Year Built: 1950
Stories: 1.5
Status: Active

Location & Neighborhood

What's nearby 142 5 Eme Rue

Parks & Recreation

Seldon Park
park
0.4 km
Arco Park
park
0.5 km
Arco Park
park
0.6 km

POI data updated 2/5/2026

Shippagan Market Snapshot

Active Listings

$279K

Median Price

Avg Days on Market

Last updated: Apr 6, 2026

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Listed by

Royal LePage Parkwood Realty

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$199,900