Investment Opportunity: Fully Renovated Apartment Building in Nagasaki
This property presents a compelling investment opportunity: a four-unit apartment building located in Takao 1-chome, Nagasaki City, Nagasaki Prefecture. The building underwent a comprehensive renovation in April 2017, which included exterior wall painting, roof waterproofing, and a full interior remodel, ensuring modern living standards and reduced immediate maintenance costs for a new owner.
Critical agent notes provide essential details. The exact year of construction is unknown; however, the registration lists March 1981 as an approximate date based on official records, as the listing system does not permit 'unknown' entries. The renovation work in April 2017 significantly upgraded the property. When fully occupied, the projected annual income is 2,257,200 yen. Furthermore, a termite damage warranty is in effect and valid until February 2027, offering additional peace of mind to the investor.
The building itself is a two-story concrete block structure with a total floor area of 167.52㎡, evenly split between the two floors. The land size is a generous 262.15㎡. Each of the four units is configured as a 1DK layout. The property is currently tenanted, providing immediate rental income. Monthly common fees include 2,200 yen for CATV and 600 yen for shared electricity. There is no dedicated parking on-site.
The property is situated in a quiet residential area of Nagasaki City. The area is rich in history and culture, famously being one of the few ports open to foreign trade during Japan's period of isolation. A major nearby landmark is the Oura Cathedral, a National Treasure and UNESCO World Heritage site, which is a short distance away and represents a significant draw for both tourists and residents interested in the city's unique international history.
