Renovated Investment Property in Sapporo with Established Rental Income
This property presents a compelling investment opportunity: a renovated single-family house in Sapporo's Minami Ward, currently tenanted and generating stable income. The owner is changing, offering a turnkey investment with a 10% projected annual yield. The house was comprehensively renovated in April 2025, with updates to the kitchen, bathroom, toilet, washbasin area, interior flooring, walls, ceilings, and the installation of new air conditioning. The exterior roof work, including caulking, was also completed at that time.
Key equipment and features include a bidet toilet seat, a washbasin with shower attachment, air conditioning, FF heating, propane gas, electricity, and water/sewer connections. A special note details that this property's private drainage pipe is laid via the neighboring land, and conversely, the neighbor's private drainage pipe is laid within this property's lot.
The property is a two-story wooden structure built in June 1978, offering a 3LDK layout. The living-dining-kitchen area is approximately 10 tatami mats in size, complemented by two 8-tatami Japanese-style rooms and one 8-tatami Western-style room. The land area is 166.12 sqm (approx. 50.25 tsubo) with a building area of 93.96 sqm (approx. 28.42 tsubo). Two free parking spaces are available. The location is convenient, with a bus stop a 2-minute walk away providing access to the Namboku Line's Makomanai Station.
The area of Minami Ward offers a blend of residential calm and natural beauty, being close to the foothills of Mount Moiwa. An interesting local fact is that the nearby Jozankei area is famous for its hot springs, which are sourced from the same volcanic activity that shaped the region's geography. The closest major landmark is the scenic Mount Moiwa, a popular destination for its panoramic night views of Sapporo city, accessible via a charming cable car.