Spacious 5SLDK Home in Quiet Residential Area of Sapporo's Minami Ward
This two-story wooden house, built in May 1974, is located in the quiet residential area of Sumikawa 6-jo 11-chome, Minami Ward, Sapporo, Hokkaido. The property offers a generous land area of 181.25 square meters (approx. 54.82 tsubo) and a building area of 93.15 square meters (approx. 28.17 tsubo). The layout is a spacious 5SLDK with an additional storage room (納戸), and the living-dining-kitchen area is over 15 tatami mats in size. The property faces southwest, ensuring good natural light throughout the day, and boasts good views.
The property is equipped with LP gas, public water supply, and public sewer connections for both sewage and wastewater. Electricity is provided by Hokkaido Electric Power. The property includes one parking space in an underground garage on the premises. The land is over 50 tsubo, and the front road is over 6 meters wide. The property is currently vacant.
This home is an excellent candidate for a renovation project, allowing the new owner to customize the space to their preferences. It is also a viable option as an income property, with estimated rental yields of 10.58% at a 60,000 yen monthly rent, 12.35% at 70,000 yen, and 14.11% at 80,000 yen. Please note that this property is an existing non-conforming building (due to a 1-meter setback issue with the exterior wall), so a housing loan cannot be used. The property is sold as-is, with no warranty for contractual non-conformity and no boundary indication.
