Investment Property with Tenant in Bizen City, Okayama Prefecture

This property, originally acquired under a corporate name approximately 25 years ago, is currently being rented out after undergoing renovation. It generates a monthly rental income of 34,000 yen. The current tenant is a single woman with no history of late payments. The property includes one parking space.

A notable aspect of this listing is that an old house located on the same plot encroaches onto the neighboring land. However, the owner of the adjacent property has not filed any complaints regarding this encroachment for several decades.

The desired price is set at 2,000,000 yen (tax included). The timing of the handover can be adjusted to suit the buyer's preferences.

The property is situated in Bizen City, Okayama Prefecture. The land area is 226.88 square meters, with a building footprint of 42.23 square meters. The structure is built from wood. This sale is conducted on an as-is basis (genjo yushi) and is a transaction based on the official registry (kobo baibai). The map location shown is approximate to the property's vicinity.