Investment Apartment Building Near Shin-Shibamata Station

This property is a three-story steel-framed apartment building located in Katsushika Ward, Tokyo, within a five-minute walk from the North Sōbu Railway's Shin-Shibamata Station. The building was constructed in August 2004 (Heisei 16). The land parcel is a corner lot with a total area of 204.22 square meters (approximately 61.77 tsubo). The total floor area of the building is 306.00 square meters (approximately 92.56 tsubo).

Special notes on road access detail that the property fronts two public roads: a 9-meter wide road to the west and a 6-meter wide road to the north, both without designated position specifications. The property is currently tenanted, presenting an investment opportunity with an indicated yield of 6.03%. The building is situated within an urbanization promotion area, zoned as Category II Low-Rise Exclusive Residential District, with a building coverage ratio of 60% and a floor area ratio of 200%.

The agent's remarks highlight the key selling points: a 5-minute walk to Shin-Shibamata Station, a 61-tsubo corner lot, a three-story steel-framed building built in Heisei 16, and a yield of 6.03%. Interested parties are advised to contact the agent for further details. The transaction is handled under a general intermediary agreement.