Investment Opportunity: Two-Unit Apartment Building in Isahaya, Nagasaki

This property is a two-story wooden apartment building located in Isahaya City, Nagasaki Prefecture. Built in May 1980, the structure was updated in February 2019 with both floors receiving new unit bathrooms and the installation of TV door phones. The second floor also saw renovations including the washbasin, toilet, and partial flooring replacement. The building offers a total floor area of 116.06 square meters (approximately 35.11 tsubo) and sits on a land plot of 199.9 square meters (approximately 60.47 tsubo). The layout consists of two separate 3DK units, each featuring a dining-kitchen and three Japanese-style rooms.

Critical agent notes provide essential details for investors. The parking situation is a significant feature: there is parking available for three or more cars, and parking for three or more vehicles is free. A special note clarifies that there are a total of six parking spaces, with one unit currently rented out including two parking spaces. Regarding occupancy, the first-floor unit is currently tenanted, while the second floor is available for rent. The property's listing includes a management condition, with an estimated annual revenue of approximately 1.08 million yen when fully occupied.

The property is situated in a quiet residential area zoned for low-rise housing. It offers convenient access, being a 15-minute walk from Higashi-Isahaya Station on the Nagasaki Main Line and a 7-minute walk from the Fukuda Jinja-mae bus stop. Isahaya City is known for its beautiful natural surroundings, including the iconic Isahaya Bay. A major nearby landmark is the historic Isahaya Castle Ruins (Isahaya Park), which features reconstructed gates and offers scenic views, especially during the cherry blossom season. This location combines rental income potential with the charm of a regional city in Nagasaki.