Fully Renovated Investment Terrace House Near JR Izumifuchu Station
This fully renovated terraced house in Izumi City, Osaka, presents an excellent investment opportunity with a current tenant in place. The property underwent a comprehensive renovation in September 2023, which included complete interior and exterior upgrades. The interior work featured a new kitchen, renovated bathroom, toilet, washroom, and water heater, along with new flooring, wall and ceiling coverings, and lighting fixtures throughout. The exterior received a fresh coat of paint on the walls and balcony, giving the home a bright and modern appearance.
The property is conveniently located just a 7-minute walk from JR Hanwa Line's Izumifuchu Station, offering excellent access to central Osaka. It features a 3K layout with a 6-tatami Western-style room on the first floor and two Japanese-style rooms (6-tatami and 3-tatami) on the second floor. The total building area is 38.43 sqm. The land area is officially registered as 30.68 sqm, with an effective area of approximately 27.56 sqm. The property is currently tenanted, generating a monthly income of 45,000 yen and an annual income of 540,000 yen, resulting in a surface yield of 12.05%.
Equipment and features include a bathroom with a window, a shower-equipped vanity, storage in all rooms, lighting fixtures, indirect lighting, city gas, electricity, and water and sewage systems. Special notes indicate the current tenant has been residing in the property since March 2025. The building is a two-story wooden structure built in March 1969, with a floor-area ratio of 60% and a site coverage of 200%.
The area of Izumi City offers a blend of suburban living and convenient access to Osaka's metropolitan center. An interesting local fact is that the nearby Shitadera (信太森葛葉稲荷神社) is a famous shrine steeped in folklore, associated with the legend of the fox spirit Kuzunoha. For a major tourist attraction, visitors can easily travel to the iconic Osaka Castle, one of Japan's most famous landmarks, renowned for its historical significance and beautiful park grounds.
