Gross yield of 12%, rural house and land with an old house in Semine, Kurihara City, Miyagi Prefecture

Used detached house in Semine, Kurihara City, Miyagi Prefecture

This is land with an old house in Semine, Kurihara City, Miyagi Prefecture, with a land area of 363.68 m² and a building area of 82.74 m². The price is 3 million yen, and the property is a single-story wooden 2DK building with a galvanized steel sheet roof.

The land consists of residential land and uncultivated land and measures approximately 120 tsubo. The building area is 82.74 m², and the layout is 2DK.

Property overview

The building was constructed around 1975 and is 51 years old. It is currently vacant and will be handed over as-is. There is a storage shed on the premises, which can also be used for storage. The interior has been cleared out and cleaned.

The premises can accommodate two or more passenger cars. As the property is located along a prefectural road, vehicle access is also easy.

Use as an income property

Until March 2024, it was rented for 30,000 yen per month. The gross yield is 12%, and depending on the renovations or DIY work carried out, further income generation may be possible.

Kurihara City is an area that was selected as the No. 1 area nationwide in the “Best Ranking of Rural Areas to Live in 2024.” In addition to access to urban areas, it is popular as a region with strengths in child-rearing, welfare for older adults, education, and industry.

Surroundings and access

JR Semine Station, supermarkets, clinics, and dental clinics are within approximately 5 minutes by car. Kurikoma-Kogen Station on the Tohoku Shinkansen is approximately 20 minutes away by car, and Aeon Town Furukawa is approximately 15 minutes away by car. The property has convenient access to Tokyo and Sendai and is also suitable for relocation or use as a second house.

Current condition and handover

As the building is old, it will be handed over as-is. If living there yourself, you can make use of the property while incorporating DIY work. There are no particular restrictions on the timing of handover.