Charming Investment Property in Otaru with Proven Rental Income
Key features and agent notes highlight its investment potential. The property is an owner-change (オーナーチェンジ) investment, meaning it comes with an existing tenant and a track record of income. The annual projected rental income is 516,000 JPY, which translates to a high projected annual yield of 19.84%. The property is equipped with propane gas, electricity, and both water supply and sewage systems. The transaction is handled under a general brokerage arrangement (一般媒介). Please note that floor plans prioritize the current layout over standardized diagrams.
The location in Otaru's Nagahashi 2-chome district offers convenient access to daily amenities. Within walking distance, residents will find a supermarket (Arcs Nagahashi, 749m), a convenience store (Lawson Otaru Nagahashi, 604m), a drugstore (Sundrug Otaru Inaho, 835m), a nursery (Sōai Hoikujo, 387m), and a post office (Otaru Nagahashi Post Office, 627m). For transportation, JR Otaru Station is a 17-minute walk or a 4-minute bus ride followed by a 4-minute walk from the Shiyakusho-dori bus stop.
Otaru is renowned for its beautifully preserved canal district, a legacy of its past as Hokkaido's leading herring fishing and trading port in the early 20th century. The Otaru Canal, lined with historic stone warehouses now housing restaurants, shops, and museums, is the city's most iconic landmark and a major tourist attraction, drawing visitors year-round for its romantic atmosphere and seasonal illumination events.
