Located in Daikokuda-cho, Matsusaka City, Mie Prefecture, this well-maintained two-story traditional Japanese house presents an excellent investment opportunity. Built in 1969, the 62.43 square meter property features a practical 4DK layout with four Japanese-style rooms, including one 6-tatami room and three 4.5-tatami rooms, creating a comfortable living space.
Currently tenanted with an impressive 15% annual return, this property offers immediate rental income potential. Situated on a 96.39 square meter plot, the home is conveniently located just 24 minutes on foot from Matsusaka Station on the Kintetsu Yamada-Toba-Shima Line. The neighborhood provides easy access to daily amenities, with a Family Mart convenience store nearby and various shopping and dining options within walking distance.
Priced at 3.5 million yen, this property represents an attractive investment in a stable residential area, offering both rental income potential and the benefits of established infrastructure in a growing community.