Investment-Ready Two-Story House in Otaru, Hokkaido
This two-story wooden house, built in January 1958, presents a turnkey investment opportunity. Currently generating a monthly rental income of 35,000 yen, the property offers a high surface yield of 21.21%. The interior was fully renovated in August 2021 (Reiwa 3), ensuring it is in good condition for the next tenant or owner-occupier.
The property features a 3LDK layout with a total floor area of 54.53 sqm (wall center measurement) on a 57.22 sqm land plot. Key equipment includes a system kitchen with a counter and an IH cooktop. The bathroom is equipped with a reheating function and a dryer. Additional amenities include a shower-equipped vanity, a bidet toilet seat, walk-in closets, storage in all rooms, a TV monitor door phone, and underfloor heating. The house is all-electric, barrier-free, south-facing, and comes with a parking space. Utilities are connected to public water and sewer systems.
Located in Otaru City's Ishikiyama-cho, the house offers excellent convenience. A Seicomart convenience store is just 20 meters away, and Otaru Toyokawa Post Office is within a 293-meter walk. For transportation, take the JR Hakodate Main Line to Otaru Station, then a 7-minute bus ride to the Sakuragaoka High School stop, from which the property is a 5-minute walk. The area is served by Temiya Chuo Elementary School (1,204m) and Hokuryo Junior High School (433m). Please note the property boundaries are not explicitly indicated.
