Investment Opportunity in Otaru: A Renovated 3LDK House with Tenant and High Yield

This property is a two-story wooden house built in December 1983, located in the quiet residential area of Shioya 3-chome, Otaru City, Hokkaido. The property is currently for sale as an owner-change investment, with a tenant in place paying a monthly rent of 35,000 yen, resulting in a high surface yield of 15.55%. The land area is 125.83 sqm (approximately 38.06 tsubo) and the building area is 88.61 sqm (approximately 26.8 tsubo). The layout is 3LDK, and the property features an integrated garage (carport area: 17.32 sqm).

According to the agent's notes, the property has undergone interior and exterior renovations multiple times. The sale is for asset disposition purposes. The building, all attached equipment, and the land will be transferred in their current 'as-is' condition, with no repairs, maintenance, land leveling, development, or tree felling to be performed by the seller. A private road with an area of 59.2 sqm is shared, with this property's ownership share being 1/2. The property is noted to be in a quiet residential neighborhood. Equipment includes propane gas, electricity, tap water, and a septic tank.