Apartment Building Investment Opportunity in Kunitachi, Tokyo
This apartment building presents a solid investment opportunity in the desirable city of Kunitachi, Tokyo. The property is a five-unit residential building constructed in March 1989 with a steel frame structure. It spans two stories above ground and sits on a land area of 232.60 square meters (approximately 70.36 tsubo), with a total building area of 209.66 square meters. The property is currently tenanted, providing immediate rental income.
Critical agent notes provide essential details. The road access situation is detailed as two-sided road frontage (excluding corner lots): a 2.8-meter wide public road to the west without designated position, and a 4-meter wide road to the east. Important remarks include unit exclusive areas ranging from 34.65㎡ to 69.88㎡. A setback of approximately 7.7 square meters is required. The building underwent a significant owner-change renovation in September 2019. This comprehensive renovation included roof re-covering, exterior wall painting (including balcony partition painting and waterproofing), and miscellaneous work such as reattaching the staircase roof, applying vinyl sheets to the north corridor and stairs, and replacing wall nameplates and notice boards, at a total cost of 6,793,335 yen. The property is located in a Category 2 Height District. Please note that the land area (including setback area) and private road burden area are calculated based on desktop calculations, and discrepancies may occur.
