Discover an excellent investment opportunity with this high-yield income building located in Nishiyodogawa Ward, Osaka. This reinforced concrete four-story property, built in February 1990, comprises two ground-floor commercial shops and twelve residential units upstairs, offering a total of 14 income-generating spaces. The building boasts a total floor area of 324.9 square meters on a land area of 146.56 square meters, zoned for Commercial / Quasi-commercial use with freehold rights. The current occupancy rate is 71%, providing a robust current yield of 5.61% from a monthly income of 458,900 JPY. With the potential for close to 100% occupancy, the yield is projected to increase to an attractive 7.30%, bringing in a full monthly income of 598,500 JPY. Strategically situated, it offers convenient access to major transportation hubs, being just a 9-minute walk from Himejima Station (Hanshin Line) and a 12-minute walk from Tsukamoto Station (JR Line). Its proximity to Umeda, a major business and entertainment district, adds to its appeal for tenants. Furthermore, daily necessities are easily met with a 24-hour drug store and convenience store located within 100 meters. This property represents a stable and promising investment in a dynamic urban area.
