Investment-Ready Renovated House in Sagamihara, Kanagawa
This property is a two-story wooden house built in August 1982, located in Yokoyamadai 1-chome, Chuo Ward, Sagamihara City, Kanagawa Prefecture. It is currently tenanted, presenting an immediate investment opportunity. The property has undergone a large-scale renovation costing approximately 9 million yen, ensuring modern standards and reducing future maintenance concerns for a new owner.
According to the agent's notes, the property features a surface yield of 5% to 6.2%, generating a monthly rental income of 125,000 to 155,000 yen and an annual income of 1,500,000 to 1,860,000 yen. The layout is a spacious 4LDK, comprising one 3-tatami Japanese-style room, two 6-tatami Western-style rooms, and one larger 12-tatami Western-style room. Key equipment includes a system kitchen, a 2-burner stove, double-glazed windows, and propane gas. The property sits on a flat 110.4 sqm (approx. 33.39 tsubo) plot of land in a Quasi-Industrial zone within the urbanization promotion area. The building itself covers 105.75 sqm (approx. 31.98 tsubo). Parking is available.
