Investment Apartment Building in Yachiyo, Chiba
This property is a four-unit apartment building located in Yachiyo City, Chiba Prefecture. Constructed in January 1976, the wooden structure stands on a corner lot with a total land area of 158.67 sqm (approximately 47.99 tsubo), which includes a private road burden of approximately 45 sqm. The building itself has a total floor area of 92.74 sqm (approximately 28.05 tsubo).
The property is currently tenanted, offering immediate rental income to a new owner. The location provides convenient access to public transport, being a 6-minute walk from Keisei-Owada Station on the Keisei Main Line. It is also within walking distance of Katsutadai Station (21 minutes) and Yachiyo-Chuo Station on the Tōyō Rapid Railway (22 minutes).
Key equipment and facilities for the units include propane gas, air conditioning, hot water supply, separate bath and toilet, shower, a reheat function for the bath, storage space, and a bicycle parking area. The property also has space where, with the installation of a ramp, one light vehicle can be parked, presenting an opportunity to increase rental income.
Important special notes regarding the land: it is a corner lot with frontage on two private roads. To the northeast, there is a 4m wide private road with 8m of frontage and a designated location. To the northwest, there is another 4m wide private road with 6m of frontage and a designated location. The sale is conducted under specific conditions: the seller is exempt from liability for non-conformity of the contract and for repair of equipment. It is a public register sale with non-explicit boundaries and is sold in its current condition. The successor must take over the existing propane gas supply and equipment lease contract.