Akiya House in Nakama #2 (1977) 🏠 at $26,245 (Fukuoka) 2025
This is the second Akiya house situated in the vibrant urban city of Nakama. While it requires moderate renovation and maintenance, the property exudes charm and holds significant potential as a desirable rental opportunity. Located approximately 50 minutes (51 km) from downtown Fukuoka, its main issue is a leaky roof. However, the house remains habitable overall.
Here are the pros and cons of this property:
PROS
1. modern house
2. livable
3. wide stairwell
4. a small garden area in front
5. car space
6. good neighborhood
7. located in the central urban area
CONS
1. requires renovation
2. leaky roof
3. the plumbing needs to be checked and upgraded
4. the electrical wiring needs to be checked and upgraded
5. insulation needs to be installed
6. built before 1981 when the Building Standards Law was amended
Name: Ogigaura 3-Chome
Location: Ogigaura 3-chome, Nakama City, Fukuoka Prefecture
Link: N/A
Year: 1977
Type: 4LDK (Livingroom, Dining Room, Kitchen)
Repair: requires renovation
Price: 3.95 million yen
Property Listing: https://myhome.nifty.com/chuko-ikkodate/fukuoka/nakamashi_ct/detail_a1ed90f25be93ceba78b3a53127db120/?psId=5336bafc76fcf143a84ff6d43c57e6a2a4646aad640437d0f11a6e1bb084aa71&clientIds=athomef
* Shot & edited on Samsung Galaxy S23+ *
2 Comments
For $26,000 it's decent. I'd guess you'd probably need to put another $30,000 into it to make it livable.
Probably $20,000 for wallpaper, re-doing the bathroom, flooring, etc, and then $10,000 for the leaky roof. It also depends on just how much water damage there is from the roof itself.
The other downsides are the fairly long drive to Fukuoka proper and only having one toilet. I see the potential, though.
I would give $10,000 5,000 for paperwork and back taxes a total of 15,000 because there's going to be a lot more maybe 30,000 maybe 35,000 in renovations and and it also depends on how far it is from the nearest train station and shopping area for if that would be possible I would take it right now😊