Investment Opportunity: Wooden Apartment in Tagawa City, Fukuoka

This property is a wooden apartment building located in Tagawa City, Fukuoka Prefecture, offered for sale by an owner who has completed renovations and is now ready to sell. The building comprises four units, all with a 2K layout, and three of the four are currently occupied by long-term tenants, providing immediate rental income upon purchase. The property is situated just a 6-minute walk from Gotōji Station, the main station in Tagawa City, offering convenient access to public transport.

The owner has invested significant effort into renovations. Completed work includes repairing the handrails (approximately 250,000 yen), electrical work (approximately 350,000 yen), and replacing the air conditioners, gas water heaters, and mailboxes with new ones. Stair rust-proofing has also been finished. All rooms have had their wallpaper and tatami mats replaced. The exterior walls have not been repaired in their current state. While there is no parking on-site, a monthly parking lot is available nearby for about 5,000 yen.

The asking price is 4,980,000 yen (tax included). The land size is 99.17 square meters, and the total floor area is 112.58 square meters. The annual fixed property tax is approximately 26,000 yen. The current occupancy situation shows one first-floor unit rented at 25,000 yen per month and one second-floor unit rented at 26,000 yen per month, with two units vacant. The property is sold as-is and based on the public registry. The owner suggests that financing may be possible through Shiga Bank's Just Support program.