Spacious 4LDK Investment Property in Iwamizawa, Hokkaido
This property is a detached house located in Iwamizawa City, Hokkaido, offering a generous living space of 108.54㎡ (approximately 32.83 tsubo) on a substantial land plot of 406.35㎡ (approximately 122.92 tsubo). Built in November 1982, this two-story wooden structure features a 4LDK layout, providing ample room for a family. The property includes a balcony/terrace and parking space for two vehicles. It is currently tenanted, presenting an immediate investment opportunity with a projected annual rental income of 660,000 yen and an estimated yield of 11.37%. The land ownership is freehold, zoned as Category II Residential District, with a building-to-land ratio of 80% and a floor area ratio of 300%.
According to agent notes, the property is listed for general intermediary transaction. The agent's contact is Ouchi (phone: 080-3233-2091). Important remarks include that inquiries should be directed to the information-providing company listed on the property details page. Furthermore, the floor plan is subject to the actual current condition of the property. The managing company is (Dō) Shitei Kanri Gaisha, located in Minamihoro Town, Sorachi District, Hokkaido.
The property is situated in the peaceful and spacious environment of Iwamizawa City, known for its rich agricultural heritage and as a hub for the surrounding rural communities. An interesting local fact is that Iwamizawa is historically a major railway junction, playing a crucial role in Hokkaido's development. The area offers a blend of suburban comfort and natural accessibility. The closest major landmark is the scenic Shikotsu-Tōya National Park, renowned for its volcanic caldera lakes, hot springs, and breathtaking hiking trails, located within a reasonable driving distance for weekend getaways.
