Residential Property with Rental Income in Setagaya, Tokyo

This three-story wooden building, constructed in June 1995, is located in the Shimmachi area of Setagaya Ward, Tokyo. The property offers a hybrid living and investment opportunity. The first floor consists of two studio apartments (1R x 2 rooms), which are currently rented out, generating ongoing income. The second and third floors are dedicated to the owner's residence, which is a 2LDK layout. The total floor area of the building is 110.56 square meters, situated on a land plot of 69.83 square meters.

The property is connected to public water and city gas supplies. The building is situated on a flat plot of land. It faces a 5-meter-wide public road to the west, with a frontage of 6 meters. There is no requirement for setback. The property is located in a quasi-fire prevention zone and is subject to height restrictions under Category 2. It falls within a land readjustment project area for which plans exist. There are no planned roads affecting the property. Other legal restrictions include a shadow regulation of 3-2h with a measurement surface of 4.0m. The property is within a Category 1 medium-to-high-rise exclusive residential zone. The building coverage ratio is 60%, and the floor area ratio is 200%. The land is under full ownership rights. The property is currently tenanted, and interested parties are encouraged to inquire for a viewing at a convenient time. The property is located a 5-minute walk from Sakurashimmachi Station on the Tokyu Den-en-toshi Line, providing access to central Tokyo.