Charming 1937 Wooden House with Investment Potential in Osaka's Joto Ward

Key features and equipment translated from the agent's notes include a toilet with a warm-water bidet seat, a bath with a re-heating function, a bathroom with a window, city gas, and public water and sewage systems. The property comes with a free parking space. It is important to note the property is currently tenanted, offering an immediate investment opportunity with a projected annual rental income of 1,104,000 JPY and an estimated yield of 14.4%. The land is held under an old-law leasehold right (旧法賃借権) with a monthly ground rent of 19,900 JPY and a lease period of 20 years. Other costs include a land contract administrative fee of 47,000 JPY and a leasehold security deposit of 400,000 JPY.

The location is exceptionally convenient, within a 4-minute walk from three different stations: the Osaka Metro Tanimachi Line's Sekime-Takadono Station, the Osaka Metro Imazatosuji Line's Sekime-Seiiku Station, and the Keihan Electric Railway's Sekime Station. This provides excellent access to central Osaka and beyond. The surrounding area offers daily necessities with shopping facilities like Hankyu Oasis Takadono and a FamilyMart convenience store nearby.