Investment Ready Home in Kishi River District
A compelling investment opportunity awaits in Wakayama Prefecture's Kishi River district. This two-story wooden house, currently generating a 14.41% annual return through a stable rental arrangement, offers both immediate income and long-term potential. The 64.27 square meter residence features a practical 4LDK layout, providing comfortable living spaces across two floors.
The property sits on a generous 133.37 square meter corner plot, offering excellent accessibility with two paved private roads. Located just 10 minutes on foot from Kanroji Station on the Wakayama Electric Railway Kishigawa Line, the home benefits from convenient transport links while maintaining a peaceful suburban setting.
Built in 1973, this property delivers a steady monthly rental income of 40,000 yen, making it an attractive proposition for investors seeking established rental properties. The layout includes three six-tatami rooms and an additional service room, complemented by a balcony and dedicated parking space.
