Back to results Morioka 1R Apartment for Sale with 24% Yield | Iwate Investment

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¥1,500,000

Sakana-cho, Morioka City, Iwate Prefecture

岩手県盛岡市肴町

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Compact Investment Apartment in Morioka's Commercial District

This one-room apartment, located on the 4th floor of a 5-story reinforced concrete (RC) building in Morioka's Sakana-cho district, presents a turnkey investment opportunity. The property is currently tenanted, generating a stable monthly income of 30,000 yen, which translates to an impressive annual yield of 24%. The unit features a compact yet functional layout with a 5.5-tatami mat Western-style room and includes essential amenities such as an air conditioner for cooling and heating, a FF heater, a refrigerator, lighting fixtures, a closet, a bidet toilet, and a designated indoor space for a washing machine. The building is equipped with an elevator, coin-operated laundry facilities, an auto-lock security system, and dedicated parking areas for bicycles and motorcycles.

Key details from the agent's notes confirm the property is undergoing an owner change. It is situated in a commercial zone within the city's Urban Function Induction Area, designated as a central hub and core residential zone. The building is in a quasi-fire prevention district, and a garbage disposal area is located on the premises. Utilities are supplied via city gas for cooking and hot water. The sale is conducted under a general intermediary agreement.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Year built: 1991
House size: 17 / 178sqft

Short-Term Rental (Minpaku)

Transport

CTS

New Chitose Airport — 345 km away

Nearby Konbini

Family Mart Family Mart — 2 min walk

Internet Connectivity

Natural Hazard Assessment

Flood Risk Low Risk
Landslide Risk Moderate
Tsunami Risk Low Risk
Earthquake Hazard Moderate

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Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.