Spacious Investment Apartment Building in Tokyo's Kita Ward
This listing presents a substantial investment opportunity: a 15-unit apartment building constructed in 1973, located in the Nishi-Gahara 3-chome area of Tokyo's Kita Ward. The property is a reinforced concrete (RC) structure standing four stories above ground, with a total building area of approximately 715.22 square meters (216.35 tsubo). The land area is a generous 238.57 square meters (72.16 tsubo), situated within a Commercial Neighborhood zoning district with a building-to-land ratio of 80% and a floor area ratio of 300%.
Critical agent notes provide essential details. The property's road access situation is detailed as follows: it fronts a single public road to the southwest, which has a width of 4.6 meters. The land is currently leased under an old-law surface right (賃借権) with a deposit and key money required. The monthly ground rent is 80,000 yen. The property is presently fully tenanted, and the transaction is an owner change scenario. The building features no dedicated parking facilities. The handover timing and other conditions are open for consultation, and the transaction is handled under an exclusive intermediary agreement.
The Nishi-Gahara neighborhood offers a quiet residential atmosphere while remaining well-connected. The property is within a 14-minute walk from Komagome Station on the Tokyo Metro Naka-no-Sumi Line and a 15-minute walk from Kami-Nakasato Station on the JR Keihin-Tohoku and Negishi Lines, providing direct access to central Tokyo. An interesting local fact is that the area is historically part of the old Ōji district, known for its traditional paper manufacturing during the Edo period. The closest major landmark is the Rikugien Garden, one of Tokyo's most beautiful and historic strolling landscape gardens from the 18th century, located a short distance south in Bunkyo Ward.
