Dia Palace Honcho: A Well-Maintained Investment Apartment in Central Niigata

This 2LDK apartment, located on the 5th floor of an 11-story building, offers a convenient and bright living space in Niigata's central Honcho/Furumachi area. The unit features a total floor area of 60.23 square meters and a spacious balcony approximately 8.9 meters wide. The southwest-facing orientation provides good sunlight, and windows in every room ensure excellent ventilation.

The building underwent a major renovation in October 2024 (Reiwa 6), ensuring its long-term maintenance. Building facilities include an elevator, a daytime building manager, and a laundry machine space. The gas type is city gas. The property is currently tenanted, providing an immediate income stream. The current monthly rent is 80,000 yen (annual income of 960,000 yen), yielding a return of approximately 8.8%. The tenant is a corporation, which offers stable rental income, and the lease has been ongoing since March 2021 (Reiwa 3).

Important notes for prospective buyers: The property comes with a fixed asset tax debt of 71,478 yen for the 2025 fiscal year (Reiwa 7) and a security deposit refund liability of 160,000 yen (handled via the Kansai rotation method). Pet ownership is not permitted. It is also acknowledged that if the shape or conditions differ from the listing, the actual current condition takes precedence. The transaction is designated for a judicial scrivener.

The location is highly convenient, within a short walk to numerous amenities. A 7-Eleven is about a 3-minute walk away, and other nearby facilities include the "Puratto Honcho" building, Cocokara Fine pharmacy, Mitsubishi UFJ Bank, Niigata Central Post Office, and Nakajima Hospital. The vibrant Furumachi Street is approximately a 4-minute walk. Niigata Station is about a 25-minute walk, providing access to the Shinetsu Main Line.