Property Overview: Wakayama City, Otani
This is a 3LDK detached wooden house located in Otani, Wakayama City, Wakayama Prefecture. The property is currently occupied by the owner. The building offers a total floor area of 71.21 square meters on a land size of 118.04 square meters. Built in August 1975, the two-story home faces south, providing good sunlight exposure. A parking space is available free of charge.
The property is an income-generating property (owner-change property) with an estimated annual rental income of 660,000 JPY, resulting in a gross yield of 12.00%. The property features a system kitchen, counter kitchen, an IH cooking heater, and a gas stove. The bathroom includes a reheating function and a bathroom dryer. The washstand comes with a shower, and the toilet is equipped with a heated seat and bidet function. Interior features include a walk-in closet, storage in all rooms, a TV monitor intercom, and underfloor heating. The property is all-electric and barrier-free.
The property is located about a 26-minute walk from Kinokawa Station on the Nankai Electric Railway Nankai Main Line. Nearby amenities include a convenience store (Lawson, approximately 1,625 meters away) and a post office. Schools in the vicinity include Nami Kita Elementary School and Nami Kita Junior High School.
