Investment Opportunity in Koto Ward: A Tenanted Property with High Yield
This property presents a unique investment opportunity in Tokyo's Koto Ward. It is a two-story wooden house built in September 1979, currently tenanted and generating a steady monthly rental income of 70,000 yen. The property offers a high surface yield of approximately 9.03%, making it an attractive option for investors seeking cash flow. The layout is a functional 3DK, with a total building area of 41.4 sqm situated on a land area of 28.75 sqm.
Critical agent notes provide essential details for potential buyers. The property is noted as 'unconnected to a road' (未接道), meaning it cannot be rebuilt. There is no confirmation of completion or inspection certificate (確認済証・検査済証なし). The sale includes a leaseback arrangement (リースバック) with a fixed-term lease of 4 years, running from December 16, 2025, to December 15, 2029. This lease has no option for early termination (途中解約無し). The property will be returned by the tenant in its current condition, with no obligation for restoration or repairs (原状回復・修繕無し、現況有姿で賃借人から引渡し). The tenant is an individual with a guarantor company, and a security deposit of 192,000 yen is held.
