• 1st Floor: commercial space with 79.80 sqm. Currently vacant.

• 2nd Floor: commercial space with 41.06 sqm. Currently rented by tenant.

• 2nd Floor: residential space (2DK unit) with 45.62 sqm. Currently occupied by owner.

• 3rd Floor: residential space (4LDK unit) with 87.86 sqm. Currently occupied by owner.

• Built in August 1999 with a heavy steel dyne concrete structure on a 171.36 m² lot. Building area ratio is 60%, and the floor area ratio is 200%.

• There is enough parking for up to 1 vehicle depending on the size.

• The building is connected to standard electricity, city gas, and municipal water and sewage.

• Land rights: Freehold

• Mitsuzawa-Kamicho Station: 10-minute walk

• Neighborhood includes a convenience store (4-minute walk), supermarket (5-minute walk), large public park and sports grounds (1-minute walk), and large municipal hospital (10-minute walk).

Listed price: ¥117,000,000

Brokerage fee + tax: ¥3,927,000

Stamp tax: ¥10,000

Real estate registration tax (approximate): 2％ of asset value*

Fixed asset tax: 1.4％ of total asset value:*

City planning tax: 0.3％ of total asset value*

Approximate Total Cost: ¥124,020,000 〜 ¥125,190,000

Estimated gross yield: 8.2% (as of January 1, 2022)

Annual rental income: ¥9,601,200 (as of January 1, 2022)

* Total cost of ancillary taxes and fees will be between 6% and 7% of the listed price. Asset Value, which can fluctuate on a yearly basis, is substantially lower than the listed Market Value. Actual tax is calculated annually by local legal affairs bureau once a year. Exact amount of tax is not known until the municipality sends out the tax bills at the end of the fiscal year.

Inquire HERE using this contact form or call 045-663-2208 | 080-9511-7860

You can also email directly at robert@basyamichijisyo.com

(Closed Tuesday and Wednesdays | Hours 10:00 to 19:00)