Apartment Building Investment Opportunity in Tokyo's Kita Ward
This listing presents a nine-unit apartment building located in Kishimachi 2-chome, Kita Ward, Tokyo. The property, built in June 1966, is a two-story wooden structure with a total building area of 200.08 square meters (approximately 60.52 tsubo) situated on a land plot of 222.61 square meters (approximately 67.33 tsubo). The land is designated as Category 1 Residential Zone within an urbanization promotion area, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property is currently tenanted, offering immediate rental income.
Critical agent notes have been provided. The equipment and facilities are listed as having separate bath and toilet units. A crucial special note states: "Non-rebuildable, contract non-conformity, liability disclaimer." This indicates significant restrictions; the structure cannot be rebuilt, and there are contractual non-conformities with associated liability disclaimers, which are essential considerations for any potential buyer.