Investment Opportunity in Aomori: A Currently Tenanted Property
This property presents a unique investment opportunity in the city of Aomori. The house is a two-storey wooden structure built in October 1980, offering a spacious 4DK layout with a total floor area of 165.58 square meters. The layout is thoughtfully distributed across two floors, featuring a 6-jo dining kitchen on the first floor, complemented by a 6-tatami and an 8-tatami Japanese-style room. The second floor contains two additional Japanese-style rooms, measuring 4.5-tatami and 6-tatami respectively, providing ample living space.
A critical feature of this property is its current status as an income-generating asset. According to the agent's notes, the property is currently tenanted, with a rental contract that began in October 2012 (Heisei 24) at a monthly rent of 40,000 yen. This established tenancy offers a calculated gross yield of 13.7%, presenting an immediate revenue stream for a new owner. The property is situated within an Article 22 zone, which pertains to specific regulations under the Building Standards Law. This is an owner-change scenario, making it an ideal purchase for an investor looking to acquire a proven, revenue-producing asset without the hassle of finding a new tenant.
The property is located on a corner lot with a generous land size of 284.85 square meters, providing plenty of outdoor space. It includes free parking, a valuable amenity for tenants. The building is equipped with a dedicated bath and toilet in separate rooms, a shoe box, an indoor space for a washing machine, oil heating, and comes with lighting fixtures. The infrastructure is supported by public water supply, propane gas, and sewer systems.
For prospective investors, the agent encourages inquiries for viewings. The remarks state: "Currently tenanted. If you would like to see it in person, please feel free to contact us with your preferred date for a free viewing." This indicates that while the property is occupied, arrangements can be made for interested parties to inspect it. This property represents a turnkey investment in a stable market with a demonstrated and attractive return.
