Investment Opportunity in Yokosuka: A Single-Story House with Tenant in Place
This property presents a unique owner-change investment opportunity in the quiet residential neighborhood of Yokosuka City, Kanagawa Prefecture. Currently tenanted, it offers an estimated annual yield of approximately 8%, providing immediate rental income for the new owner. The house is a single-story wooden structure built in May 1978, with a total floor area of 58.59 sqm (approx. 17.72 tsubo) on a land plot of 93.88 sqm (approx. 28.39 tsubo). The layout is a 4K configuration, featuring four separate rooms.
Key equipment and features include a heated toilet seat, bathroom dryer, bathroom heater, two or more air conditioning units, city gas, and public water and sewage systems. Special notes indicate the property is in a quiet residential area. Important remarks detail that the exact construction date is unknown; the listed date reflects a renovation completed on May 30, 1978 (Showa 53), with an extension added on November 30, 1983 (Showa 58). As the property is currently rented, interior viewings are not possible, and it is being sold in its present condition. There is an encroachment issue, but a confirmed survey map is available. The total site area of 93.88 sqm comprises two lots (Lot 29-8: 93.09 sqm and Lot 29-9: 0.79 sqm). The confirmed survey map area is 91.01 sqm. There is also a road portion (Lot 29-12) of 28.51 sqm with a 1/4 ownership share. The property is subject to various legal restrictions, including being in a Category 1 Height Control District, Quasi-Fire Prevention Zone, Land Readjustment Project Area, Residential Inducement Area, and a Steep Slope Collapse Hazard Zone.
The property is located in Sakamoto-cho, Yokosuka, a coastal city with a rich naval history as the home port of the Japan Maritime Self-Defense Force and formerly the United States Fleet Activities Yokosuka. The area offers a blend of urban convenience and seaside atmosphere. A major nearby landmark is the historic Mikasa Park, centered on the preserved battleship Mikasa, which served as Admiral Togo's flagship during the Russo-Japanese War and is now a museum ship and memorial.
