Investment Terrace House in Higashiosaka with Existing Tenant
This property is a terrace house located in Matsubara, Higashiosaka City, Osaka Prefecture, currently serving as a company dormitory for a male resident in his 40s. It is being offered as an owner-change investment property. The resident's company operates nearby as a corporate entity and also acts as a joint guarantor, providing added security. An emergency contact is available.
The tenant recently moved in, so a near-term vacancy is unlikely. In the event of a move-out within two years, a penalty fee is in place, benefiting the new owner: two months' rent for a first-year move-out and one month's rent for a second-year move-out. The property is situated near Hanazono Park in Higashiosaka, an area with high rental demand due to numerous factories. The neighborhood offers convenience with a large park, multiple supermarkets, and convenience stores within walking distance.
Access includes a 15-minute walk from Yoshida Station on the Kintetsu Keihanna Line and a 21-minute walk from Higashihanazono Station on the Kintetsu Nara Line. Hanazono Central Park is a 3-minute walk, a Life supermarket is within 5 minutes, a Lawson convenience store is a 3-minute walk, and Hanazono Onsen is nearby. The property has no psychological defects. It is an old building sold as-is by an individual seller who assumes no responsibility for the property, which will be explained at contract signing. The exterior is aged, but the interior is clean.
Renovation history includes: March 2019 – full interior renovation, water heater replacement, new system kitchen, new washbasin, bathroom and Japanese-style room renovation; November 2024 – house cleaning, air conditioner disassembly cleaning, tatami mat replacement, partial floor and wallpaper replacement. The property is a land with old building, with land area of 27.02 sqm and building area of 40.70 sqm. The structure is two-story wood with tile roofing. The current status is for sale at a desired price of 4,390,000 yen. The rental condition starts from January 2025 with rent of 49,000 yen, management fee of 3,000 yen, total 52,000 yen. The property is in a Category 1 low-rise residential zone, built in June 1976, with a 3DK layout. Equipment includes city gas, public sewer, separate bath and toilet, independent washbasin, balcony with washing machine space, air conditioner, bath water heater, monitor intercom, and delivery box. This is a transaction as-is and by public register. The map shows the approximate location.
