Corner Lot Apartment Building with Rental Income in Fukuoka

This property is a two-story, four-unit wooden apartment building located on a prime corner lot in Fukuoka City's Minami Ward. Constructed in September 1976, the building offers a total floor area of approximately 79.48 square meters. The land itself is a level, square-shaped plot of 76.99 square meters, situated within a Category 1 Residential Zone in a urbanized area.

Critical agent notes provide essential details. The property's equipment is listed as using propane gas. The special notes on road access detail the corner lot advantage: it fronts two public roads. To the west is a 4-meter wide paved road with an 8-meter frontage, and to the south is a 3.3-meter wide paved road with an 8.7-meter frontage. Further remarks clarify the current investment status: one of the four rooms is currently tenanted, generating a monthly rental income of 30,000 yen. Importantly, there are no builder restrictions, meaning the purchaser is free to choose their preferred construction company for any future rebuilding. The property is being sold as-is with this existing tenancy.

The area, Minami Ward, is a vibrant residential part of Fukuoka. An interesting local fact is that the nearby Hakata Bay is famous for its annual Hakata Gion Yamakasa festival, a UNESCO Intangible Cultural Heritage event featuring spectacular, massive floats raced through the streets. The closest major landmark is the iconic Fukuoka Tower, a 234-meter tall seaside tower offering panoramic views of the city and the bay, located just a few kilometers to the northwest.