Investment Opportunity in Toyohashi: A Currently Rented 4DK House
This property is a currently rented, owner-change investment house located in Toyohashi City, Aichi Prefecture. The property is a two-story wooden house built in March 1975, with a total floor area of 64.36㎡ (approximately 19.46 tsubo) on a land area of 92.56㎡ (approximately 27.99 tsubo). The layout is a 4DK. The property is equipped with propane gas, electricity, and public water and sewer systems.
Special notes and remarks include: a setback is required; this is a public record sale (a confirmed survey map dated July 2016 is available). The current rental income details are: monthly rent of 48,000 yen, a common area fee of 5,000 yen, and a pet-keeping fee of 5,000 yen (for two pets). This results in a current yield of 10.7% (as of April 2024). The transaction mode is general intermediary.
The property is situated in a First Category Medium-to-High-Rise Residential Exclusive Zone within a city planning area, with a building-to-land ratio of 60% and a floor area ratio of 200%. Road frontage is to the north, with a width of 2.8m on a public road with a frontage of 12.5m. Parking is available at no extra cost.