Renovated House in Toyota City with Rental Income Potential

This property in Toyota City, Aichi Prefecture, located in the Odomo-cho area, offers a renovated house on a spacious lot. The building was purchased in a condition that included some water leaks and leftover items. The seller has since removed the leftover items, installed a septic tank, and carried out interior renovations. The total renovation cost was over 3.5 million yen. The property features a land size of 292 square meters and a building size of 132 square meters, making it suitable for a large family or a guesthouse accommodating many people. The toilet was originally a pit latrine but has been upgraded with a new washlet and a septic tank for easy maintenance. The interior, which previously had many old tatami mats, has been converted to a western-style room. The roof is tiled. The garden is spacious, though the access road at the entrance is narrow, so only light vehicles can enter the property. The property currently has a tenant from April 2025, with a guarantee company in place. The monthly rent is 60,000 yen, yielding an 18% return. The annual fixed asset tax is 18,424 yen. The property is being sold on an as-is, basis and by public register.