Investment Property with Parking in Kasama City, Ibaraki Prefecture

This property is an investment-grade detached house located in a quiet residential area of Kasama City, Ibaraki Prefecture, adjacent to Mito City. The building, constructed in 1986, meets new earthquake resistance standards. The property is currently tenanted with a monthly rent of 59,000 yen, offering a gross yield of approximately 14.2%. The 4DK layout includes a parking area in front of the building for two cars, allowing for parallel parking of a standard vehicle and a light vehicle. The site also contains two storage sheds. Infrastructure includes city water, a sewer system, and propane gas. The interior was partially renovated in 2021, including replacement of the water heater, air conditioner, and washbasin. The current tenant is a single male who has joined a guarantor company. The seller is offering the property as-is based on the public register, as a boundary survey and confirmation have not been conducted. The propane gas contract must be continued. The property is ideal for an investor seeking an income-generating asset. It is a 10-minute drive from the city's main Tomobe Station.