Affordable Investment Opportunity in Sapporo
This property is a two-story wooden townhouse, listed as a used apartment for sale in Kita-ku, Sapporo, Hokkaido. The unit is currently vacant and ready for immediate handover. It offers a 2DK layout with a total private floor area of 44.6 sqm (approximately 13.49 tsubo). The rooms consist of two 6-tatami mat Western-style rooms and a 9.5-tatami mat dining-kitchen area. A key feature noted by the agent is that all rooms benefit from two-sided natural lighting, ensuring a bright interior.
The property is equipped with a bidet toilet, storage space, a kerosene stove, an indoor washing machine space, propane gas, and a water heater. The building was constructed in July 1977 by Tomii Construction Co., Ltd. It is a two-story structure, and this unit is located on the second floor. The management is self-managed with no on-site manager. There is no monthly management fee or repair reserve fund. Parking is not available. The property is being sold as-is, with a disclaimer for non-conforming contract liability.
The listing includes projected annual rental income of 432,000 yen, resulting in a high projected yield of 28.8%. This makes it suitable for residential use or as an investment property. The agent's remarks clarify that while it is listed as a townhouse for categorization purposes, the property is technically a subdivided apartment.
