Investment Opportunity in Chigasaki: Four-Unit Apartment Building

This property is a two-story wooden apartment building located in the Haginuma area of Chigasaki City, Kanagawa Prefecture. Constructed in December 1990, the building offers a total floor area of 198.84 square meters on a land plot of 198.40 square meters. The property comprises four residential units and is currently tenanted, providing immediate rental income.

The building is equipped with propane gas, air conditioning, and separate bathroom and toilet facilities. It is important to note that the first-floor tenant space and one 2LDK unit require repair work. Additionally, the existing water supply and drainage pipes have deteriorated due to age. If new piping or repair work is necessary, the cost will be borne by the tenant.

The property is situated on a west-facing single road with a width of 3.9 meters, which is a public road. The land is classified as a quasi-industrial zone within an urbanization promotion area. The building coverage ratio is 60%, and the floor area ratio is 200%. The property is subject to a height control designation (Type 4 Height Control District) and falls under Article 22 and Article 23 areas of the Building Standards Act. For any new construction, extension, renovation, relocation, or exterior modifications that exceed a certain scale, a notification under Article 16 of the Chigasaki City Landscape Law is required.

The property is conveniently located within walking distance of the "Kagawa" Station on the Sagami Line, offering access to the wider Kanagawa region. The neighborhood is a mix of residential and light industrial uses, providing a practical setting for this investment property. The property is being sold with ownership rights (shoyuken).