Vintage Investment Property in Iwamizawa's Hinode District
A compelling investment opportunity awaits in Hokkaido's Iwamizawa City, featuring a traditional two-story wooden house with excellent rental potential. Located in the peaceful residential area of Hinode-cho, this 1965-built property offers a spacious 92.34 square meters of living space spread across two floors in a practical 3LDK layout.
The property sits on an expansive 379.88 square meter lot, providing ample space and privacy. Currently tenanted with a stable rental income generating an attractive 9.39% yield, this owner-change property presents an appealing investment prospect in a established neighborhood.
Situated just 15 minutes by bus from Iwamizawa Station with a convenient 5-minute walk from New Komahashi bus stop, the location offers good accessibility while maintaining a quiet residential atmosphere. The property's position in a Type 1 medium-high-rise residential zone ensures the preservation of the area's residential character.
