Compact Investment Apartment in Morioka, Iwate
This property is a compact 1K apartment located on the 5th floor of a 7-story reinforced concrete (RC) building constructed in October 1975. The unit has a private floor area of 29.75 square meters (approximately 8.99 tsubo) and is currently tenanted, offering immediate income potential. The monthly running costs include a management fee of 4,900 yen and a repair reserve fund of 5,000 yen.
Key features and equipment notes from the agent highlight that the building is fully managed with daytime staff. The property comes with a defect insurance guarantee and a performance evaluation. The land is designated as a Category I Residential Zone and is covered under the National Land Utilization Law. The transaction is handled as a general intermediary.
