Investment Opportunity: Corner Lot House with Existing Tenant in Nogata

This property presents a turnkey investment opportunity in Nogata City, Fukuoka Prefecture. It is a two-story wooden house built in February 1977, currently occupied by a tenant. The property is situated on a corner lot with road frontage on two sides: a 5-meter wide paved public road to the northeast and another 5-meter wide paved public road to the north.

The property's equipment and facilities include propane gas, city water supply, side ditches, a terrace, a south-facing garden, and windows in both the bathroom and kitchen. Special notes confirm excellent sunlight exposure. The property is currently rented out for a monthly fee of 25,000 yen, which is set below market rates. The lease agreement from 2020 allows the tenant to perform renovations. Rent payments are guaranteed and processed through a rent guarantee company (Four Seas). In 2020, the distribution board was replaced. The fixed asset tax for 2025 is 24,000 yen. Key utilities are city water, a shared septic tank (scheduled for conversion to sewerage around 2028), and centralized propane gas.

The local environment is convenient, with the Nogata 'Bikkuri' Market approximately 800 meters away and Aeon Mall Nogata about 2,000 meters away. It is important to note that the land share for the shared septic tank site will be included in the sale. The price is non-negotiable, with the land priced at 1.2 million yen and the building at 1.3 million yen.

The surrounding area of Nogata offers a blend of urban convenience and natural scenery, located within the broader Chikuhō region of Fukuoka. An interesting local fact is that the city is historically known for its coal mining heritage, which played a significant role in Japan's industrialization. The closest major landmark is the iconic Mount Hiko, a sacred mountain and popular hiking destination approximately 25 kilometers to the southeast, revered for its Shugendō mountain asceticism practices.