Investment Opportunity: Three-Building Property in Yonezawa, Yamagata
This offering comprises a three-building residential property located in Aioi-cho, Yonezawa City, Yamagata Prefecture. The property is being sold as an owner-change (owner change) investment, meaning the buildings are currently tenanted and generating rental income. The total land area across two parcels is 330.61 square meters (approximately 100 tsubo). The three buildings are situated on a single plot of land. Building A is a single-story wooden structure with a galvanized steel roof, offering 112.23 square meters of floor space. It features a 6DK layout and is currently rented for 50,000 yen per month to a family of three. The construction year for Building A is unknown. Building B is a two-story wooden structure with a galvanized steel roof, with a total floor area of 96.69 square meters (including an additional 20.66 square meters). It has a 3K layout and is rented to a single occupant for 39,000 yen per month. Building B was originally registered as a small factory for textiles or similar use, and while the registry shows it as a two-story building, it is currently being utilized as a single-story dwelling. The lower portion of the building serves as a large underfloor storage area. Building C is a single-story wooden structure with a colored steel roof, offering 44.71 square meters of floor space. It has a 3K layout and is rented for 35,000 yen per month. Building C was newly constructed in August 1978. The total monthly rental income from the three buildings is 124,000 yen. However, the owner pays 10,000 yen per month to lease an adjacent plot of land for parking for Building A. Therefore, the current net monthly income is 114,000 yen. All three buildings are connected to water and sewer systems. The gas supplier for Building A is Saisan, and for Buildings B and C it is Yamaryo, with the buyer expected to continue these contracts. The property is being sold as-is and based on the public registry. The asking price is 6,800,000 yen, with negotiations possible. The timing of the sale is also open for consultation. The Aioi-cho area is noted for its convenience, being close to Yonezawa City Hospital and supermarkets. The nearby riverbed is used for the Uesugi Festival battle reenactment, and the area features cherry blossom trees. The property is located within the popular and desirable Kyojo Elementary School district.