Apartment Building Investment Opportunity in Tokyo's Ikebukuro

This listing presents a four-unit apartment building for sale in the bustling Ikebukuro district of Tokyo. The property, built in March 1967, is a two-story wooden structure with a total building area of 89.16 square meters (approximately 26.97 tsubo) situated on a land plot of 68.79 square meters (approximately 20.80 tsubo). The building is currently tenanted, offering immediate rental income for the purchaser.

The property's facilities include propane gas supply, private toilets for each unit, indoor space for washing machine placement, and a bicycle parking area. It is located in a designated Category I Medium-to-High-Rise Residential Exclusive Zone within an urbanization promotion area, with a building-to-land ratio of 60% and a floor area ratio of 300%.

Accessibility is a key feature, with Seibu Ikebukuro Line's Shiinamachi Station a 4-minute walk away, Tokyo Metro Yurakucho Line's Kanamecho Station a 9-minute walk, and the major hub of Ikebukuro Station itself within a 15-minute walking distance. The land is flat and registered as residential land under full ownership rights.