Charming 1978 Terrace House in Yamato, Kanagawa with Investment Potential

This property is a two-story wooden terrace house built in June 1978, located in Kamikusayanagi 9-chome, Yamato City, Kanagawa Prefecture. The house offers a functional 3DK layout with three Western-style rooms sized at 9, 6, and 6 tatami mats respectively. The property sits on a corner lot with a land area of 52.41 sqm (approximately 15.85 tsubo) and a total floor area of 54.86 sqm (approximately 16.59 tsubo). Key features include storage in all rooms, propane gas, electricity, and full water and sewage connections. The balcony/terrace faces northeast, providing natural light.

This is an owner-change property, meaning it is currently tenanted and being sold as an investment. The annual projected rental income is 660,000 yen, offering a high projected annual yield of 22%. The land rights are ownership, and the property is located in a Category I Low-Rise Exclusive Residential Zone within a city planning area, with a building-to-land ratio of 50% and a floor area ratio of 100%. The land is flat and the property benefits from road frontage on two sides: 6.2 meters to the north (7.4m public road frontage) and 6 meters to the east (4.3m public road frontage).

The Yamato area offers a pleasant residential environment with convenient access to daily amenities. An interesting local fact is that Yamato City is home to the "Yamato Yume Hiroba," a community space that includes a replica of the cockpit of the famous Japanese anime space battleship Yamato, celebrating the city's namesake. The closest major tourist attraction is the historic Tanzawa-Oyama Quasi-National Park, a beautiful mountainous area popular for hiking, nature walks, and stunning seasonal scenery, located a short drive to the west.