Seaside Home in Mihama: An Investment Opportunity
Located in the coastal town of Mihama, Wakayama Prefecture, this single-story residence presents an intriguing investment prospect. Built in 1974, the property features a practical 3DK layout spanning 57.14 square meters of living space, set on a generous 124.62-square-meter plot.
The home's functional design includes two traditional Japanese-style rooms of 6 tatami mats each, complemented by a 4-square-meter Western-style room and a combined dining-kitchen area of 7.5 square meters. The lightweight steel frame construction ensures durability, while the property's flat terrain and public road access enhance its practical appeal.
Currently tenant-occupied, this property represents an immediate rental income opportunity. Its location, within walking distance of Gobo Station on the Kisei Main Line, connects residents to the broader region. The neighborhood offers convenient access to shopping facilities and daily amenities, making it an attractive option for both investors and future owner-occupiers.
