Property Overview: Land and Buildings in Ome, Tokyo
This property listing presents a unique investment opportunity in Ome, Tokyo, consisting of multiple parcels of land and two residential buildings available through a court auction. The base bid price is set at 6,800,000 yen, with a minimum bid of 5,440,000 yen. The gross yield is calculated at 19.5%, with a cap rate of 14.2%.
The property includes a total of seven individual property numbers. These comprise two parcels of residential land, two parcels classified as public road, and two residential buildings. The residential land parcels are located at addresses in Ome's Fukiage area. The first residential land parcel has a registered area of 152.48 square meters, while the second is 111.04 square meters. An additional small residential lot of 11.57 square meters is also included. The public road parcels measure 3.91 square meters and 43 square meters respectively.
The two buildings on the site are both wooden structures. The first building, constructed in January 1973, is a two-story residence with a tile and zinc-coated steel sheet roof. Its registered floor area is 48.29 square meters on the first floor and 26.46 square meters on the second floor, though the actual area is noted as approximately 59.29 square meters and 38.46 square meters respectively. The layout includes a dining kitchen, a Western-style room, two Japanese-style rooms, a washroom, a bath, and a restroom on the first floor, with a Japanese-style room and additional space on the second floor. The second building, built in February 1997, is a two-story wooden residence with a tile roof. Its registered floor area is 32.50 square meters on the first floor and 45.13 square meters on the second floor. The layout features a living-dining-kitchen, a washroom, a bath, and a restroom on the first floor, with a Western-style room, two Japanese-style rooms, and a restroom on the second floor.
The property is located in a Low Residential Class I zoning district, with a building-to-land ratio of 40% and a floor area ratio of 80%. Access is via JR Ome Line, with Higashi-Ome Station approximately 1.6 kilometers to the northeast, about a 20-minute walk. A nearby bus stop is a 2 to 3-minute walk away.