Investment Opportunity in Ueda: Traditional Japanese Home with Steady Rental Income
Located in the peaceful residential area of Gosho, Ueda City, this single-story traditional Japanese home presents an appealing investment opportunity with a current tenant in place. Built in 1993, the property offers a practical 2DK layout across 36.43 square meters of living space, set on a generous 169.8 square meter corner lot.
The property features two Japanese-style rooms of 7.5 and 4 tatami mats respectively, complemented by a combined dining-kitchen area of 7 tatami mats. South-facing windows ensure bright, natural lighting throughout. The exterior benefits from two dedicated parking spaces and sits at the intersection of two public roads, offering excellent accessibility.
With an annual rental income of 600,000 yen yielding a 6.81% return, this property represents a solid investment in Ueda's real estate market. The Miyo-machi Station on the Ueda Dentetsu Bessho Line is just a 6-minute walk away, providing convenient transportation links.