Investment Opportunity in Tokyo's Kita Ward: A 5DK House with Established Rental Income

This property presents a unique investment opportunity in Tokyo's Kita Ward, offering a 5DK layout within a two-story wooden house built in June 1960. The property is currently tenanted, providing immediate rental income. The land area is a substantial 469.42 sqm (approximately 141.99 tsubo), though it's important to note that the leased land area is 82.35 sqm of the total. The building itself covers 72.15 sqm (approximately 21.82 tsubo). The land is under a fixed-term leasehold right (定期賃借権) with a monthly ground rent of 12,455 yen. The lease contract expires on October 26, 2042.

Key equipment and features of the house include two toilets, a bidet toilet seat with reheating function, a bathroom with a window, two or more air conditioning units, lighting fixtures, a monitor-equipped intercom, and a double-lock door. A special note (特記備考) clarifies the leased land area: 82.35 sqm out of the total 469.42 sqm. The property is designated as non-rebuildable (再建築不可). The property is situated in a Category I Medium-to-High-Rise Exclusive Residential Zone (第一種中高層住居専用地域) with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is flat and fronts a 6-meter-wide public road to the north, with a 1-meter setback. The projected annual rental income is 3.3 million yen, yielding an estimated annual return of 18.33%.