Investment Opportunity: Apartment Building with Vacant Units and Detached House in Kitakyushu

This property presents a significant investment opportunity in Kitakyushu's Kokuraminami Ward. It is a multi-unit apartment building with a total of 5 units, constructed in July 1968, making it approximately 57 years old. The building is primarily of block construction with some wooden elements and stands three stories tall. The land area is a substantial 689.81 square meters (approximately 208.66 tsubo), with a total building floor area of 353.46 square meters (approximately 106.92 tsubo).

Critical agent notes provide essential details. The equipment includes propane gas and a toilet. The road access situation is detailed as one-sided, with a breakdown specifying: East side, width 7.5m, public road, frontage 40m, paved. Most importantly, the remarks state: "3 out of 4 apartment units are vacant, and it comes with a used detached house (owner change, 1-story, 99.93㎡)." This indicates immediate rental income potential from the occupied unit alongside the value of the vacant apartments and the additional detached house on the property.

The property is currently tenanted, and the sale represents an owner change. It includes one free parking space in an unroofed, self-parking format. The location offers access to the Hita Hikosan Line's Ishihara-cho Station, a 16-minute walk away. The area is part of Kitakyushu, a city known for its rich industrial history and modern transformation. A notable landmark nearby is the Kokura Castle, a beautifully reconstructed castle offering gardens, a museum, and panoramic views of the city, representing the region's historical significance.