The Toyama Townhouse
1970s wood house, 5-min walk to station, Toyama
Namerikawa, Toyama
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Location
This marks an approximate area, not the exact building. The circle is a rough radius from the listing's published address, so you can see the neighbourhood without us guessing at a precise spot.
Full description
Introduction from Namerikawa, Toyama Prefecture, presenting a freshly available owner-change detached house. The property experienced tenant turnover in April and began selling, but has just confirmed a new tenant at 33,000 yen/month. Therefore, we present this as an 'owner-change property' where you inherit rental income with zero vacancy risk from day of purchase. / Although built in 1972 as a wooden 2-story structure, people lived here until recently and the interior has been comprehensively renovated. From entrance and hallways to stairwell, 2nd-floor Japanese room, closet, and interior laundry space, all cleanly repaired with separate washbasin included. With recent occupant history and no current defects, you can launch operations smoothly without major initial repair costs. / Offered to investors at special pricing. With confirmed monthly rental income of 33,000 yen (396,000 yen annually), surface yield reaches a high 15.00%. An attractive figure for those seeking to build solid, efficient assets from modest capital. / The property's other major strength is its excellent location. Just a 1-minute walk to the sea, a luxury environment for ocean and fishing enthusiasts. Moreover, hospitals and commercial facilities are all within 5-minute walk, offering exceptional daily convenience. Very livable for tenants with expectations of long-term occupancy in this prime location. / Municipal water, sewer, electricity, and propane gas infrastructure all complete in-house. While no on-site parking, nearby monthly parking is available to serve tenants with vehicles. / Three reassuring elements combined: 'renovated with no issues', 'excellent near-ocean location with strong convenience', and 'immediate 15.00% rental income'. A property we confidently recommend even to beginners. Immediate sale and transfer possible, so investors seeking solid cash flow are welcome to inquire.
Specifications
Where a detail is not shown, the source listing did not state it. We leave it out rather than guess.
Utilities
Area and hazard data
- About 207.4 km from the coast
- About 220.1 km to the nearest primary school
A pre-1981 build predates Japan's current earthquake code, which can matter for insurance and renovation. We flag the era from the year built where we have it.
Work with us
Every message gets a reply from one of the founders. We can talk through the home, help you think about a renovation, and connect you with our Japan partner for buying help. Clear flat-fee pricing, nothing to pay until you decide to go ahead.
Where this data comes from
- Earthquake-hazard forecast, from the national J-SHIS model (2024).
- Stations, coastline and schools, from Japan's Ministry of Land mapping data.
Checked against the town's listing: 2026-07-09
Source listing last changed: 2026-06-19
We re-check listings against their sources through the week.
Original listing: https://www.ieichiba.com/project/P202400506%E6%BB%91%E5%B7%9D%E5%B8%B8%E7%9B%A4%E7%94%BA
Where a fact is missing, we say so rather than guess. Data from the source listing plus official government records.