Property in Odate, Akita: A Renovation Opportunity with Investment Potential

Critical agent notes provide essential details for consideration. The property is sold in its current condition ('as-is') and contains items left inside. Renovation is deemed mandatory. Utilities include a private well for water, a septic tank for sewage, and propane gas. The seller has a designated judicial scrivener for the transaction. For investment evaluation, the estimated monthly rent is 42,000 yen, with a projected gross yield of over 30%. Access to Odate Station is approximately a 30-minute walk.

The city of Odate is deeply connected to the Akita dog breed, a Japanese national treasure. The Akita Dog Museum is a major local attraction dedicated to preserving the history and promoting the welfare of these loyal and dignified dogs. The surrounding area offers a quieter, more traditional lifestyle compared to major urban centers.

This property requires a buyer prepared for a comprehensive renovation but offers a substantial land size and a layout suitable for a family home or investment property once updated. The high projected yield indicates its strong rental appeal in the local market post-renovation.