Investment Opportunity in Muroran: A Spacious 5LDK House with Rental Income
This property presents a compelling investment opportunity in Muroran, Hokkaido. It is a two-story wooden house built in March 1976, offering a generous 5LDK layout. The living-dining-kitchen area spans 16 tatami mats, and each bedroom exceeds 6 tatami mats, providing spacious living quarters. The property sits on a large 213.00 sqm plot with a building area of 105.99 sqm.
Translated agent notes and features highlight several key points. The property is currently tenanted, generating a monthly rent of 40,000 yen, and offers a high surface yield of 16%. This is an owner-change property, meaning the purchase comes with immediate rental income. The agent notes specify that due to the owner change, internal viewings are not possible. The sale is a personal contract, and the seller is exempt from liability for contract non-conformity and equipment guarantees. The transaction is based on public registry records, so the seller's survey and non-disclosure of association conditions apply. Rebuilding on the land is not permitted. The property is also subject to the Landscape Act and the Sediment Disaster Prevention and Mitigation Act (landslide disaster warning zone).
Equipment and features include a system kitchen, counter kitchen, and a gas cooktop (not IH), allowing for powerful cooking. It uses propane gas, which offers strong heating for baths and cooking, speeds up meal preparation, and has quick recovery times after disasters. The bathroom features a reheating function and a dryer. The house includes a shower-equipped vanity, a separate washbasin area convenient for makeup and hair styling, a washlet toilet, underfloor heating, walk-in closets, storage in all rooms, and a TV monitor doorphone. Other notable features are all-electric capability, barrier-free design, south-facing orientation, and public water supply and sewer systems. While listed as having parking, a separate note states "駐車場無" (no parking). The property has a wide space between neighboring houses.
The area of Muroran is an industrial port city on Hokkaido's coast, known for its dramatic coastal scenery and the iconic Muroran Bridge (Hakucho Bridge). An interesting local fact is that Muroran is home to one of Japan's major steelworks, which has historically shaped the city's economy and skyline. The property is within walking distance of local amenities, including a convenience store within 780 meters. For a major tourist attraction, residents can easily visit the scenic Cape Chikyu, a popular spot for its sweeping ocean views and historical significance.
