Property Overview: A 4DK House in Katsuragi Town, Wakayama

This property is a detached wooden house located at 649 Kyōraji, Katsuragi Town, Ito District, Wakayama Prefecture. The building, constructed in January 1950, offers a total floor area of 140.00 square meters. The land area is 783.19 square meters. The layout is a 4DK, and the property is a single-story structure. The property is currently tenanted (owner-change) and generates an annual rental income of 240,000 yen, representing a gross yield of 20.0%. The property is being sold as-is, based on the registered acreage, and the seller assumes no responsibility for any defects. The property includes附属 buildings: a two-story residence with a bath and toilet, a storage shed, and a single-story residence. The front road has a width of approximately 3.0 to 3.3 meters and is classified as a two-item road, which will require a setback for any reconstruction. The property faces south. The main water supply is public, the gas is propane, and the sewage system is a septic tank. The property features a dedicated bath and toilet, a water heater, a washing machine space, a dedicated garden, and good views. Notable equipment includes a system kitchen, a counter kitchen, an IH stove, a gas stove, a reheating function for the bath, a bathroom dryer, a shower-equipped vanity, a heated toilet seat, a walk-in closet, storage in all rooms, a TV monitor door phone, and floor heating. The property is also barrier-free and all-electric. The lot is on high ground. Parking is available. The nearest station is Myōji Station on the Wakayama Line, which is a 40-minute walk away. A bank is located within a 2,700-meter radius (approximately a 34-minute walk).