Renovated Terrace House for Investment in Amagasaki, Hyogo
This is an owner-change terrace house located in Amagasaki City, Hyogo Prefecture, currently tenanted and offered as an investment property. The interior and exterior have been renovated through a combination of DIY and professional work. The property generates a monthly rent of 40,000 yen, equating to an annual income of 480,000 yen. Two foreign graduates of a Japanese language school are currently residing, having passed the screening of a guarantee company, and the tenants are covered by fire insurance. The rental price has generated significant inquiry interest.
The property underwent renovation in February 2026, which included painting of the interior ceiling, walls, and floors; work on the bathroom and toilet; partial exterior wall painting; installation of a kitchen stove, lighting at 6 locations, outlets, and a distribution panel; and repairs to the garden and bicycle parking area. The building is a two-story wooden structure with a land area of 47.74 sqm and a total floor area of 52.55 sqm, built in October 1976. While the entire property has been repaired, there is some wear and tear typical of an old building. The bicycle parking area has been widened by removing a tree and compacting and coating the ground. There is space for multiple bicycles and scooters, but cars cannot be parked. A paid parking lot is available approximately 300 meters away (a 4-minute walk).
The property is located in the Mukonoso area of Amagasaki. Nearby amenities include a supermarket, hospital, and elementary school. Access to public transport includes a 10-minute bus ride to Hankyu Mukonoso Station (plus an 8-minute walk from the bus stop), a 5-minute bus ride to Hankyu Itami Line's Itami Station (plus an 11-minute walk), and a 23-minute bus ride to JR Fukuchiyama Line's Takarazuka Station (plus an 8-minute walk). The price is affordable for the Amagasaki area and the land is flat. This is a sale on an as-is basis and by public register. The map location is approximate.
