Affordable Investment Apartment in Tatebayashi, Gunma
This listed property is a 3DK apartment for sale located in Tatebayashi City, Gunma Prefecture. Priced at 3.99 million yen, it presents a compelling investment opportunity with an estimated annual rental income of 600,000 yen and a projected yield of 15.03%. The apartment is currently tenanted, ensuring immediate cash flow for the new owner. The unit is situated on the 1st floor of a 7-story above-ground (with 1 basement level) reinforced concrete (RC) building constructed in January 1992.
The apartment has a private floor area of 44.98 sqm (approximately 13.6 tsubo) and features a 3DK layout comprising one Japanese-style room (6 tatami mats), and two Western-style rooms (4.5 tatami mats and 6 tatami mats). The main living areas face south for good sunlight. Building amenities include an elevator, free bicycle parking, and free motorcycle parking. The unit is equipped with a bidet toilet with reheating function, two or more air conditioning units, lighting fixtures, and uses propane gas. Monthly fees include 9,000 yen for management and 13,500 yen for repair reserve fund. Parking is available at an additional cost. The property is under an owner change plan. The transaction is handled as a general intermediary.
