Multi-Family Home for Sale in Choji-ri, Daewol-myeon, Icheon, Gyeonggi-do, with Tenant Lease Assumption — KRW 75 Million

Multi-Family Home for Sale in Daewol-myeon, Icheon, with Tenant Lease Assumption

This is a multi-family home for sale in Choji-ri, Daewol-myeon, Icheon-si, Gyeonggi-do. The asking price is KRW 75 million, and a tenant currently resides in the property, so the existing lease can be assumed. The listing says the sale price is negotiable, but the stated asking price is KRW 75 million.

Exclusive Area and Interior Layout

The exclusive area is 54.38㎡, and the gross area is 56㎡. It is on the second floor of a four-story building and consists of two bedrooms and one bathroom. It faces northeast based on the living room, and the entrance is accessed by stairs.

Lease Terms and Move-In Schedule

The tenant’s security deposit is KRW 13 million, and the monthly rent is KRW 400,000. If the deposit is assumed, the actual investment amount is KRW 62 million; annual rental income is KRW 4.8 million, and the stated yield is 7.7%. The existing lease must be assumed, and an appointment must be arranged in advance to view the interior. Move-in is possible in early July 2028.

Building Management and Parking

This is a multi-family residential building approved for use on September 6, 2016, and it is not an illegally constructed building. There is no loan balance. It has individual heating and a wall-mounted air conditioner, as well as entrance security and an intercom. The monthly maintenance fee is an additional KRW 50,000, and electricity, gas, water, and heating are listed as included items. There are 12 units and 12 parking spaces, allowing one parking space per unit, with assigned spaces.

Nearby Transportation and Amenities

An elementary school and a middle school are within 300 m. The listing states that SK Hynix is 5 minutes away, Bubal Station is 7 minutes away, and Icheon IC is 7 minutes away.