Detached House for Sale in Wakayama City
This property is a two-story, 5LDK detached house located in Matsue Kita 3-chome, Wakayama City, Wakayama Prefecture. It is currently tenanted, presenting an opportunity for an owner change with an existing rental income stream. The annual scheduled rental income is 648,000 yen, offering a potential gross yield of approximately 11.17% based on the asking price.
The house was built in October 1982, making it 44 years old, and features a wooden structure. It has a total floor area of 127.43 square meters situated on a land plot of 101.38 square meters (official registry). The property faces south, ensuring good sunlight exposure which is beneficial for warmth in winter and drying laundry. A key feature is the independent washbasin counter, which provides convenience for grooming and hair styling.
The property utilizes propane gas, which offers strong火力 for quick bath heating and cooking, and is noted for faster restoration in the event of a disaster. It includes a built-in garage, providing parking for one vehicle at no extra cost. The main equipment includes a system kitchen, counter kitchen, gas stove, bath with reheating function, bathroom dryer, shower-equipped washbasin vanity, washlet toilet, walk-in closet, storage in all rooms, TV monitor-equipped doorphone, and floor heating. Other features include an all-electric system, barrier-free design, south-facing orientation, and dedicated bathroom and toilet. The interior also features a bay window and flooring.
The location is highly convenient, being just a 10-minute walk from the Nankai Electric Railway Kada Branch Line's Higashi-Matsue Station. Within a short walking distance are numerous amenities: the Kawanishi Hohoemi Center (a child-rearing support base) is 280m away, Wakayama City Municipal Matsue Elementary School is 350m away, a 7-Eleven convenience store is 480m away, Yamada Denki Tech Land Wakayama Kita Store is 520m away, Nishi Wakayama Hospital is 530m away, a Gyomu Supermarket is 580m away, and a Super Center OKUWA Palm City Wakayama store is 640m away. Wakayama City Municipal Kawanishi Junior High School is 820m away.
