Investment-Ready Steel-Frame Home in Osaka's Taisho Ward
This recently renovated 4LDK detached house in Osaka's Taisho Ward presents a compelling investment opportunity, currently tenanted with a monthly rent of 135,000 yen, yielding an attractive surface return of approximately 7.1%. The property underwent a significant owner change and has received comprehensive upgrades, including a complete interior renovation in September 2024 (floors, walls, ceilings, and fixtures) and exterior wall and roof painting work in July 2024.
Translated agent notes detail a well-equipped home designed for modern, safe, and convenient living. The property features an all-electric system, eliminating gas use for cooking and hot water to reduce fire risk and simplify maintenance. The kitchen is a functional system kitchen with integrated storage. Security is enhanced with a monitor-equipped doorphone for safe screening of visitors. The home is also described as barrier-free. Key equipment includes a system kitchen, counter kitchen, IH cooktop, bath with reheating function and dryer, shower-equipped washbasin, washlet toilet, walk-in closet, storage in all rooms, TV monitor doorphone, and underfloor heating. Additional amenities are public water and sewer, shower, three-burner cooktop, balcony, flooring, two or more toilets, and bathroom heating.
The three-story, steel-frame structure was built in May 2006 on a 51.09 sqm (public record) corner lot. It offers a total floor area of 87.21 sqm and includes one free parking space. The location provides excellent daily convenience, with a supermarket, convenience stores, a post office, a bank, and a park all within a short walk. The area is served by local schools, including Minami-Enkashima Elementary School just 281 meters away.
Taisho Ward is a historically significant area of Osaka, known for its role in the city's industrial and port development. A major nearby landmark is the iconic Tsutenkaku Tower and the bustling Shinsekai district in neighboring Naniwa Ward, easily accessible and offering a vibrant taste of Osaka's famous street food and nostalgic atmosphere.
