Spacious Investment Apartment Building in Tokyo's Historic Sendagi
This property is a nine-unit apartment building located in the desirable Bunkyo Ward of Tokyo. Constructed in June 1988, the building features a robust steel frame structure and spans four stories above ground. The total building area is a substantial 212.34 square meters (approximately 64.23 tsubo), situated on a land plot of 85.75 square meters (approximately 25.93 tsubo). The property is currently tenanted, offering immediate rental income for a new owner, with the possibility of an owner change.
According to the agent's notes, the building's facilities include private toilets, separate bath and toilet rooms, and storage space. The land is designated for commercial use in a neighboring commercial zone within an urbanization promotion area, with a building-to-land ratio of 80% and a floor area ratio of 300%. The site has a slight slope and fronts a road to the south. Parking is not available on the premises.
The location is highly accessible, within a 5-minute walk from the Tokyo Metro Chiyoda Line's Sendagi Station. It is also within a 10-minute walk from Todaimae Station on the Namboku Line and a 9-minute walk from Neda Station on the Chiyoda Line. The area of Sendagi is part of the historic Yanesen district (Yanaka, Nezu, Sendagi), known for its preserved shitamachi (old downtown) atmosphere, traditional craft shops, and charming cafes. A major nearby landmark is the Nezu Shrine, a historic Shinto site famous for its beautiful tunnel of vibrant red torii gates and stunning azalea garden that blooms spectacularly in spring.