Kutchan Downtown Apartments

KUTCHAN ｜ HOUSE

FEATURED
SOLDOctober 2024
  • 5 x 2 Bedrooms
  • 1 for each units Bathroom
  • 145.74 + 146㎡
  • 466.10㎡
  • ①1988　②2002

Time To:

Kutchan Station - Walking 4 min

Hanazono Ski Lifts - Driving 9 min

Located a quick 5-minute walk from the Kutchan train station, this property consists of two separate apartment buildings with a total of five 2-bedroom units. One building has three units and the other has two. There are on a 466.10m² (approx. 140.99 tsubo) lot. The monthly income ¥230,000 generates a gross yield of 3.45%. Land prices in this location are continuing to rise as the arrival bullet train service comes closer. Land like this between the station and Route 58 leading to the Hanazono ski resort has considerable potential for redevelopment. 
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