This property is a two-story residential building that offers an excellent investment opportunity. It was built in 1980 and sits on a plot of 271.69 m². The property consists of seven residential units that are currently rented out, providing a stable rental income. A high return on investment of 18.18% makes it an attractive proposition for investors. Additionally, the property has parking for four cars, which increases its value and comfort for residents.
Nagaoka is a dynamic city located in Niigata Prefecture, in the central part of Honshu Island in Japan. It is primarily known for its stunning fireworks display, held every year in August. The Nagaoka Matsuri Festival is one of the largest and most spectacular in the country, attracting crowds of spectators who admire the extraordinary light patterns illuminating the night sky above the Shinano River. This display is a symbolic tribute to the victims of World War II and the earthquake that struck the region in 2004. The city also has much to offer beyond the festival. A visit to the Nagaoka Historical Museum is worthwhile, where visitors can explore the rich history of the region and learn more about the local culture. Nature lovers can spend time at Echigo Hillside Park, which offers numerous walking trails and themed gardens. Furthermore, Nagaoka is home to many onsens, traditional Japanese hot springs where visitors can relax while enjoying the mountain scenery. For those interested in architecture, a visit to the traditional village of Teradomari is a must. Here, one can see preserved fishing houses and try fresh seafood at the local market. Nagaoka also offers a variety of dining options; local specialties such as hegi soba – a type of buckwheat noodle made according to a traditional recipe – will surely delight any food lover. With its blend of culture, history, and natural beauty, Nagaoka is a place that satisfies diverse interests of its visitors.
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