Opportunity in Yawata-cho: Investment Property with Strong Returns
Located in the charming district of Yawata-cho, Imizu City, this traditional Japanese home presents an compelling investment opportunity with an impressive 14.21% annual yield. The 104.4 square meter two-story wooden structure, built in 1968, features a practical 5DK layout with four Japanese-style rooms and one Western-style room complemented by a spacious dining-kitchen area.
The property sits on a generous 162.84 square meter corner plot and is currently tenant-occupied, offering immediate rental income. Situated just 5 minutes on foot from Higashi-Shinminato Station on the Manyo Line, the location offers excellent convenience with the popular Shinminato Kitto Kito Market just a 4-minute walk away.
The home includes modern amenities such as air conditioning, a bathroom with reheating function, and a washlet toilet. The property's southwest-facing orientation ensures plenty of natural light, while the included garden and storage shed add practical value. The neighborhood's peaceful residential character and proximity to schools, shops, and the famous Kaiwomaru Park make this an attractive investment in a developing area.