Investment Opportunity: Small Apartment Building in Nagasaki City

This property is a small, two-story wooden apartment building located in Nakakojima 2-chome, Nagasaki City, Nagasaki Prefecture. The building, constructed in November 1977, contains three units. The current layout consists of one 4DK unit and two 2K units. Two of the three rooms are currently occupied, with the vacant room cleaned and ready for immediate move-in. The property is being sold as an entire building, presenting an investment opportunity with a stated surface yield of 18.31% and an owner change yield of 23.39% (¥1.38 million).

Key facilities include city gas, and the bathroom and toilet are separate. Important agent notes have been provided: There are no payments required for electricity in the common areas. A repair history is documented, including repairs and termite disinfection for columns damaged by termites 2-3 years ago, as well as repairs for water leakage from the second-floor bathroom ceiling. The land consists of two separate parcels. The floor plan is confirmed as one 4DK unit and two 2K units.

The property is situated in a quiet residential area within Nagasaki's first-class residential zone. It offers convenient access to public transport, being a 9-minute walk from the Nagasaki Electric Tramway's Sofukuji Station and a 9-minute walk to the Higashikojima bus stop. The area is rich in history and culture. A short 12-minute walk will bring you to the famous Hamamachi Arcade, a bustling covered shopping street perfect for exploring local shops and cuisine. Nagasaki is a city famed for its unique blend of Japanese and foreign influences, a legacy of its history as a port open to international trade during Japan's period of isolation.