Investment Opportunity in Osaka: A Dual-Rental Property Near Abikomae Station
This property presents a unique investment opportunity in Osaka's Sumiyoshi Ward. It is an owner-change property consisting of two separate units, currently generating a combined monthly rental income of ¥73,000 (¥40,000 + ¥33,000, tax-inclusive), which translates to an annual revenue of ¥876,000. The property is conveniently located just a 5-minute walk from the Nankai Electric Railway Koya Line's Abikomae Station.
The house itself is a 2-storey wooden structure built in September 1964, making it 62 years old. It offers a 3DK layout with a total floor area of 68.00 square meters on a land plot of 60.35 square meters (official register). The property is currently tenanted. The agent notes highlight that it is a relatively affordable property utilizing environmentally friendly city gas. It is equipped with a gas stove, allowing for powerful heating and delicious cooking. A convenience store is located within a 340-meter (5-minute walk) radius.
The detailed equipment list includes a system kitchen, counter kitchen, IH cooktop, and gas cooktop. The bathroom features a reheating function and a bath dryer. The toilet has a washlet seat, and the vanity includes a shower. Indoor amenities consist of a walk-in closet, storage in all rooms, a TV monitor-equipped door phone, and underfloor heating. Key features noted are all-electric capability, barrier-free design, south-facing orientation, and parking availability. Other infrastructure includes public water supply, city gas, and sewer system.
The area of Sumiyoshi Ward offers a blend of residential calm and urban accessibility. An interesting local fact is that the nearby Sumiyoshi Taisha is one of Japan's oldest Shinto shrines, founded in the 3rd century, and is famous for its unique architectural style. The closest major tourist attraction is the Sumiyoshi Taisha Grand Shrine, a significant cultural site and a popular destination for visitors seeking traditional Japanese shrine architecture and atmosphere.
