Terrace House in Itabashi Ward's Narimasu 3-Chome
This property is a second-hand terrace house (row house) located in the quiet residential area of Narimasu 3-Chome, Itabashi Ward, Tokyo. It offers convenient access to public transportation, being an 11-minute walk from both Tobu Tojo Line's Narimasu Station and Tokyo Metro Fukutoshin and Yurakucho Lines' Chikatetsu-Narimasu Station. The property features a 4DK layout with a total floor area of 76.24 sqm (approx. 23.06 tsubo) built on a land area of 54.45 sqm (approx. 16.47 tsubo). The building is a two-story steel structure built in March 1986 and is currently tenanted, generating an annual rent of 1,320,000 yen with a stated yield of 7.4%.
The house's layout is practical and spacious, with three Western-style rooms on the second floor, allowing for easy separation into uses such as a master bedroom, children's room, or home office. The wet areas (toilet, washbasin, and bathroom) are consolidated for efficient household workflow. A storage room is also included, providing convenient space for seasonal items and daily necessities. The immediate neighborhood is well-serviced, with a Ricos supermarket approximately 130 meters away and a Lawson convenience store about 100 meters away.
Critical Agent Notes Translated and Incorporated: The yield is the ratio of annual rental income (including common area fees, etc.) to the sales price, calculated before deducting public charges and other expenses necessary for maintaining the property. The estimated rent and yield are calculated based on market rents, adding rent for vacant portions to assume full occupancy. Please note that rental income is not guaranteed to be reliably obtained in the future. (Survey date: February 26, 2026). Furthermore, this property does not front a road defined by the Building Standards Act with a width of 2 meters or more, therefore, it cannot be rebuilt. The land ownership is individual sole ownership for each plot, but the building ownership is registered as condominium ownership for this three-unit row house structure.
The area of Narimasu is a well-established residential suburb in northwestern Tokyo. An interesting local fact is that the nearby "Narimasu Umenosato Park" is named for and features a grove of plum trees, offering a beautiful seasonal bloom. For a major tourist attraction, residents are within reasonable travel distance to the historic Rikugien Garden in Bunkyo Ward, a famous Edo-period strolling garden celebrated for its stunning autumn foliage and traditional landscape design.
