Owner-Change Property with Store in Hodogaya Ward, Yokohama

This property is a steel-framed two-story building with a store and residence, located in Higashi-Kawashima-cho, Hodogaya Ward, Yokohama City, Kanagawa Prefecture. The building offers a floor plan of 2DK with a total floor area of 68.12 square meters on a land area of 50.79 square meters. Constructed in September 1979, the property is situated on a lot that faces an approximately 12-meter wide public road to the east. The building coverage ratio is 60% and the floor area ratio is 200%. The land is zoned as a Category 2 residential area within an urbanization promotion area. The property rights are freehold.

The property is currently under a lease agreement, meaning the new owner will inherit the existing tenant contract. The current annual rent is 828,000 yen, yielding a gross return of 4.18% based on the sale price. This yield is calculated as the ratio of annual rental income (including common area fees) to the sale price, before deducting property taxes and other maintenance costs. The estimated rent and yield are based on market rent levels and assume full occupancy. It is important to note that rental income is not guaranteed for the future. The property is available for immediate rental income upon purchase as an owner-change property. The handover date is negotiable. The property has no parking spaces.

The location offers convenient access to two train stations: a walking distance of 11 minutes to Nishiya Station and 13 minutes to Kami-Hoshikawa Station, both on the Sagami Railway Main Line. The property is situated along a national road, providing good visibility. The neighborhood includes a Maruetsu supermarket (7 minutes walk), a 7-Eleven convenience store (5 minutes walk), a post office, and a Create SD drugstore. The area has also benefited from the opening of direct JR and Tokyu lines, improving access to central Tokyo areas such as Musashi-Kosugi, Meguro, Shibuya, and Shin-Yokohama.