Fully Renovated Share House in Setagaya with Excellent Access
This property is a detached wooden house located in Matsubara 5-chome, Setagaya-ku, Tokyo, built in August 1963. The two-story building offers a total floor area of 70.97 square meters on a land size of 79.32 square meters. It features a 6DK layout and is currently vacant, ready for immediate handover.
The property underwent a complete renovation in January 2020, which included updates to the kitchen, bathroom, toilet, washstand, and all interior surfaces such as floors, walls, ceilings, and fittings. It is equipped with an IH cooking stove, two toilets, and comes with furniture and appliances including air conditioners, lighting fixtures, a washing machine, and beds, helping to reduce initial setup costs. All rooms have windows, allowing for natural light and ventilation.
The location offers convenient access to two train lines, with Meidaimae Station on the Keio Inokashira Line just an 8-minute walk away and Matsubara Station on the Tokyu Setagaya Line a 13-minute walk away. The property is situated in a first-class medium-to-high-rise residential zone with a building coverage ratio of 60% and a floor area ratio of 200%.
This property is being sold as a share house investment opportunity, with an estimated annual rental income of approximately 4.3 million yen and a projected yield of about 9% when fully occupied. The configuration includes six rooms of a manageable size. The land rights are freehold, and the sale is handled through a brokerage agreement. The property is located in Setagaya Ward, Tokyo.
