Investment Opportunity in Ishigaki's Tonoshiro Area
This property is a second-hand detached house located in the Tonoshiro area of Ishigaki City. While the building is older, it is currently under a fixed-term lease with tenants living there, providing a stable rental income stream. The price has been further reduced, making it an attractive investment or income property. As a rare opportunity in this area, it can be used as an income property or renovated for personal residence. It is a recommended chance for first-time investors. Current status: Tenanted.
The house is a two-story reinforced concrete (RC) structure built in December 1974, making it 51 years old. It offers a spacious 5LDK layout, with a total floor area of 142.17 square meters (approx. 43.01 tsubo). The property sits on a generous land plot of 393.03 square meters (approx. 118.89 tsubo) designated as residential land, with a building-to-land ratio of 60% and a floor area ratio of 200%. Parking is ample with space for up to 7 vehicles.