Compact Investment Property in Kyoto's Yamashina Ward
This property is a two-story wooden house located in Kyoto's Yamashina Ward, a 9-minute walk from Higashino Station on the Kyoto Municipal Subway Tozai Line. The property is currently tenanted, generating an annual income of 768,000 yen from a monthly rent of 58,000 yen, resulting in a yield of 9.88%. The tenancy agreement is for one year with a renewal fee of 72,000 yen, and the current lease runs from December 2025.
The house, built in September 1976, has a total floor area of 49.04 square meters on a 49.31 square meter plot of land. The layout is a 3K configuration. Recent renovations were completed in September 2023, which included interior work and the conversion of a 6-tatami mat Japanese-style room on the second floor into a Western-style room.
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 attachment, a washlet toilet seat, a walk-in closet, storage in all rooms, a TV monitor-equipped door phone, and underfloor heating. The property is all-electric, barrier-free, south-facing, and includes a parking space. Other utilities include public water supply, city gas, and sewer system. The land is a regular-shaped plot in a flat area, zoned as Category I Medium-to-High-Rise Exclusive Residential District.
The immediate neighborhood offers convenient amenities. Otowagawa Elementary School is within a 210-meter (3-minute walk) radius, and Otowa Junior High School is 890 meters away. A supermarket is approximately 590 meters away, and a bank is 210 meters from the property.
