Compact Investment Apartment in Historic Aizu-Wakamatsu
This one-room apartment, located on the 8th floor of an 11-story building, presents a straightforward investment opportunity in Fukushima's historic city of Aizu-Wakamatsu. The property is currently tenanted, generating a steady annual rental income of 360,000 yen, which translates to a projected yield of 14.4%. The unit features a compact interior area of 20.58 sqm (approximately 6.22 tsubo) and includes a 4.05 sqm balcony. The building is constructed with a steel-reinforced concrete (SRC) structure and offers essential amenities including an auto-lock security system and an elevator.
Key details from the agent's notes include a monthly rent of 30,000 yen, with monthly management fees of 3,900 yen and a repair reserve fund of 7,400 yen. The property is undergoing an owner change. The transaction is handled as an exclusive intermediary. Please note that the floor plan prioritizes the current condition of the property.
The apartment is situated in a convenient commercial zone (Category II Residential District) within Aizu-Wakamatsu's Honcho district. The area is well-served by daily necessities, with a Seven-Eleven convenience store just 248 meters away, a Tsuruha Drug store within 196 meters, and several supermarkets including COOP・BESTA HONMACHI and Super Kawa-chiya Wakamatsu-ten within a short walking distance. The location offers a blend of urban convenience and historical charm. Aizu-Wakamatsu is famously known for its well-preserved samurai heritage and is home to the iconic Tsuruga Castle, a reconstructed fortress that serves as a symbol of the region's history and a major tourist attraction.
