Terrace House in Osaka's Yodogawa Ward with Investment Potential
This property is a two-story wooden terrace house located in Tsukamoto 2-chome, Yodogawa Ward, Osaka City. It is a 4DK layout with a total building area of 87.66 square meters, situated on a 57.43 square meter land plot. Built in January 1936, the house is 91 years old. The property is currently tenanted, presenting an immediate investment opportunity with a monthly rental income of 87,000 yen and an annual income of 1,044,000 yen, yielding a surface return of 6.9%. A security deposit of 100,000 yen is held. The property features ownership rights and is located within an urbanization promotion area zoned as a Category I Residential District.
The house comes equipped with a system kitchen featuring a counter and an IH cooktop. The bathroom includes a reheating function and a dryer, while the washbasin has a shower attachment. The toilet is equipped with a bidet seat. Indoor amenities include a walk-in closet, storage in all rooms, a TV monitor intercom, and underfloor heating. Key features of the property are that it is all-electric, barrier-free, south-facing, and includes a parking space. Other utilities include public water supply and city gas. This is an owner-change property.
The location is highly convenient, just a 4-minute walk from JR Tokaido Main Line's Tsukamoto Station. Within a short walking distance are daily necessities: a Hankyu Oasis supermarket (320m, 4 min), a FamilyMart convenience store (270m, 4 min), and the Yodogawa Tsukamoto Post Office (300m, 4 min). The area is also family-friendly, with Osaka Municipal Tsukamoto Elementary School 250 meters away and Osaka Municipal Shin-Kitano Junior High School within 540 meters. A park is located just 190 meters from the property.
The Yodogawa area offers a blend of residential calm and urban access. An interesting local fact is that the nearby Yodo River, from which the ward gets its name, was historically a vital transport route for goods entering Osaka. For a major tourist attraction, residents are within easy reach of the iconic Umeda Sky Building and its Floating Garden Observatory in nearby Kita Ward, offering spectacular panoramic views of the city.
