Located in the Nishi Kongōzan area of Tokuyama, Shūnan City, Yamaguchi Prefecture, this two-story wooden house offers excellent investment potential with a 12.13% annual return. Built in 1977, the property has been well-maintained with several renovations completed, including updates to the bathroom (2004), kitchen (2005), toilet (2011), and most recently, the washroom and flooring in 2021.
The 76.58m² home features a practical 4DK layout and sits on a 105.76m² lot. Currently tenanted, the property generates an annual rental income of ¥679,800. The property includes parking space for two vehicles - one standard-size car and one light vehicle. Located in a Type 1 medium-high-rise residential zone, the property is within walking distance of public transportation, with Kongōzan bus stop just 8 minutes away.
Priced at ¥5.6 million, this property represents an attractive opportunity for investors seeking steady rental income in a residential area of Shūnan City.
