Charming Iizuka City Home with Excellent Rental Income Potential
This well-maintained single-family home in Iizuka City presents a compelling investment opportunity, currently generating a stable monthly rental income of 28,000 yen. The property is available for immediate viewing and purchase. Built in May 1970, this 55-year-old wooden structure offers a practical 2DK layout with a total floor area of 33.23 square meters, situated on a generous land plot of 84.42 square meters.
Key equipment and facilities include propane gas, city water supply, a septic tank system, and a bathroom with a window for ventilation. Special notes from the agent highlight the property's excellent sunlight exposure and its location within a quiet, peaceful residential neighborhood.
The property is located within a short 3-minute walk from the Ikinosu bus stop, providing local transit access. The area is part of Iizuka City in Fukuoka Prefecture, a region with a rich history in coal mining that has transformed into a hub for advanced technology and robotics research. A notable landmark within a reasonable distance is the iconic Kawachi Wisteria Garden, famous for its breathtaking tunnels of vibrant wisteria flowers, which attract visitors from across Japan and beyond during the spring season.
This freehold property is situated in an Urbanization Area zoned as Category I Residential. It features a flat, trapezoidal-shaped lot and is a corner plot. The current owner change scenario projects an annual yield of 16.96%, based on an estimated annual income of 336,000 yen. Please note that this yield calculation is pre-tax and pre-expenses and does not guarantee future rental income. The property is ready for immediate handover to a new owner.