Compact Terrace House in Yao, Osaka: A Simple Single-Story Investment Property
This property is a compact, single-story terrace house located in Yao City, Osaka Prefecture. It is currently rented out, generating a monthly income of 35,000 yen, which translates to an approximate yield of 14.4%. The property is positioned as a straightforward entry point into investment real estate.
The house features a 1LDK layout with a total floor area of 21.25 square meters. It was built in March 1964, making it 63 years old. The land area is 35.63 square meters (based on the official registry). The property is constructed of wood.
Key equipment and features include a system kitchen, a counter kitchen, an IH cooktop, a gas cooktop, a bath with reheating function, a bathroom dryer, a washbasin with shower, a washlet toilet seat, a walk-in closet, storage in all rooms, a TV monitor door phone, and underfloor heating. The property is all-electric, barrier-free, south-facing, and comes with a parking space. Other utilities include public water supply, city gas, and a sewer system. The listing notes that owner-change equipment is available.
The location offers convenient access to daily amenities. Osaka Metro's Tanimachi Line Tode Station is a 15-minute walk away. Within a 310-meter radius (approximately a 4-minute walk) is Yao City Takebuchi Elementary School. Other nearby facilities include a convenience store (700m), a supermarket (1,030m), a park (1,010m), a drugstore (890m), and a bank (1,150m).
The agent's remarks emphasize that the property is priced relatively affordably and utilizes environmentally friendly city gas. They encourage inquiries and note that viewings can be arranged at the client's convenience, including weekends, holidays, and weekday evenings. During viewings, clients are free to take photos with smartphones or digital cameras for review at home (subject to consultation with the seller if currently occupied). The agent offers comprehensive support, including explanations of the home-buying process, budget and loan simulations, advice on associated costs and taxes, and services related to renovation, demolition, and property sale.