Investment Opportunity: Spacious 4LDK Rental House in Muroran, Hokkaido
This property presents a compelling investment opportunity: a detached rental house currently tenanted, located in the quiet residential area of Miyanomori-cho, Muroran City, Hokkaido. Priced at a very accessible 3.55 million yen, the property boasts a high projected gross yield of 14.53%, with annual rental income estimated at 516,000 yen. The house itself is a two-story wooden structure built in November 1978, offering a generous total floor area of 94.77 sqm (approx. 28.66 tsubo) arranged in a 4LDK layout, making it suitable for a family.
Key features translated from the agent's notes include a bathroom with a window, an independent kitchen, and connection to city gas, which is an economical utility. The property is equipped with electricity, water supply, and sewerage. Special notes indicate this is an IT-heavy document disclosure property and is situated in a quiet residential neighborhood. Important remarks clarify that inquiries must be directed to the listed information provider and that the floor plan prioritizes the current condition.
The land is a sizable corner lot with a registered area of 189.82 sqm (approx. 57.42 tsubo), offering two parking spaces available for 8,000 yen per month. The property is located in an Urbanization Area zoned as Category II Medium-to-High-Rise Exclusive Residential, with a building-to-land ratio of 60% and a floor area ratio of 200%.
The surrounding area of Muroran is an industrial port city known for its dramatic coastal scenery and the iconic Muroran Hakucho Bridge. An interesting local fact is that Muroran is home to the "Muroran Curry" tradition, with many local restaurants serving their own unique styles, making it a famous culinary spot in Hokkaido. The closest major landmark is the scenic Cape Chikyu, a popular spot for viewing the rugged Pacific coastline and a symbol of the city.
