Affordable Starter Home in Osaka's Residential East Sumiyoshi Ward
This property is a two-story wooden detached house located in the residential neighborhood of Higashi Sumiyoshi Ward, Osaka City. Built in January 1981, it offers a compact and functional 2DK layout with a total floor area of 50.33 square meters on a land area of 37.32 square meters. The property is currently vacant and ready for immediate handover.
Key features and equipment of the home include a system kitchen, a counter kitchen, an IH cooktop, a gas cooktop, a bath with reheating function, a bathroom dryer, a washbasin with shower, a washlet toilet seat, a walk-in closet, storage in all rooms, a TV monitor-equipped door phone, and underfloor heating. The property is noted as being all-electric and barrier-free. It is south-facing and includes a parking space. Other infrastructure includes public water supply, city gas, sewerage, and the land is level and regular-shaped.
Special notes from the agent indicate this is an owner-change property. It is situated approximately a 20-minute walk from Yata Station on the Kintetsu Minami-Osaka Line. The property faces east. A critical point is that it is designated as "non-rebuildable" (再建築不可). It is also subject to the Landscape Act and is located in a quasi-fire prevention zone. The listing includes an investment analysis, projecting a potential monthly rent of 45,000 yen, an annual rental income of 540,000 yen, and an estimated annual yield of 10.8%.
The surrounding area of Higashi Sumiyoshi Ward is a classic Osaka residential district, known for its quiet streets and community atmosphere. An interesting local fact is that the ward is home to the ruins of the Domyoji Temple, an ancient temple with historical significance. For a major tourist attraction, residents have relatively easy access to the bustling districts of central Osaka, such as the iconic Dotonbori area in Namba, famous for its neon lights, giant moving signs, and incredible street food scene, approximately a 30-minute train ride away.
