Property Overview: 3LDK House in Tokitocho, Hakodate
This is a 3LDK detached house located in the Tokitocho area of Hakodate City, Hokkaido. The property is currently tenanted, generating a monthly rental income of 46,750 yen and an annual income of 561,000 yen, representing a yield of 18.7%. The property features city gas connection and a windbreak room (fūjoshitsu), which is convenient during rainy and snowy weather. The land is leasehold (借地権) with a remaining lease term of 19 years until May 31, 2050. The monthly ground rent is 9,047 yen. The consent fee for the lease is 144,000 yen. Any major renovations that alter the floor plan will require construction approval. The building has a wooden structure and is two stories high. There is no parking available.