Renovated Investment House in Muroran with 15% Yield
This property is a renovated detached house located in a quiet residential area of Muroran City, Hokkaido. The house was built in July 1963 and underwent a major renovation in 2015 (Heisei 27). It is currently tenanted, offering immediate income potential for an investor. The property features a 3LDK layout across two floors, with a total building area of 90.07 sqm (approx. 27.24 tsubo) situated on a generous land plot of 185.34 sqm (approx. 56.06 tsubo). The main living areas face southwest for good natural light.
Key equipment and features include a system kitchen, a separate independent kitchen, a bathroom larger than 1 tsubo with a shower and reheating function, a washlet toilet, vanity counter, storage in all rooms, and utilities such as city gas, electricity, and public water and sewer systems. The property also includes space for two free parking spaces. Special notes indicate this is an IT-heavy explanation-compliant property, situated in a quiet neighborhood. The annual projected rental income is 720,000 yen, translating to a high surface yield of 15%.
The area of Muroran is a historic port city on Hokkaido's Pacific coast, known for its dramatic coastal scenery and steel industry. An interesting local fact is that the city's iconic White Bridge (白鳥大橋) is one of the longest cable-stayed bridges in Japan, offering stunning views of the harbor and volcanoes. The closest major landmark to this property is the National Institute of Technology, Muroran College, a significant educational institution in the region.
