Investment Opportunity: Single-Story Owner-Change Property in Toyama City
This property presents a stable income opportunity through an owner-change arrangement, where the current tenant remains in place, allowing the new owner to start receiving rent immediately. The single-story house is located in Toyama City, Toyama Prefecture, and is currently rented for 32,000 yen per month, offering a gross yield of approximately 13.2%.
The building, constructed 65 years ago, has a floor area of 50.47 square meters and features a 3DK layout with three Japanese-style rooms and a kitchen. Being a single-story structure, it provides a nearly barrier-free living environment, which is popular among tenants. While there is no bathtub, a shower booth is installed, and the property is equipped with running water, sewerage, and propane gas.
The current tenant has no renewal fee, which increases the likelihood of long-term occupancy. The location offers convenient access to daily amenities: a convenience store is one minute away by car, a 100-yen shop is a three-minute walk, a drugstore is two minutes by car, and a supermarket is three minutes by car. JR Mizuhashi Station is a five-minute drive from the property.
The land area is 110.23 square meters, and the building is made of wood. The property is being sold as-is, based on the public registry. The asking price is 2,900,000 yen (tax included). This is an ideal opportunity for those interested in real estate investment with a modest budget and the desire for stable rental income.
