Investment Opportunity in a Quiet Hachioji Neighborhood
This property is a detached house for sale in Yokogawa-cho, Hachioji City, Tokyo. It is currently tenanted, offering an immediate investment opportunity with a stated current surface yield of 10.17% and an annual projected rental income of 1,068,000 yen. The house was built in October 1975 and features a wooden structure with two above-ground floors. The total floor area is 92.3 sqm (approximately 27.92 tsubo) on a sizable land plot of 256.43 sqm (approximately 77.57 tsubo). The layout is a 4LDK, comprising a 14.0-jo living-dining-kitchen area, two 6.0-jo Western-style rooms, and one 6.0-jo Japanese-style room.
Key equipment and features include a reheat function for the bath, a window in the bathroom, and a washbasin with a shower attachment. The property benefits from two-sided natural light. Special notes indicate this is an owner-change property and that reconstruction on the land is not permitted. The location is in a quiet, residential neighborhood with a calm atmosphere. Access is a 24-minute walk from JR Chuo Line's Nishi-Hachioji Station.
The area of Hachioji offers a blend of urban convenience and natural beauty, situated at the foothills of the Okutama Mountains. An interesting local fact is that Hachioji is home to the ruins of Hachioji Castle, a mountaintop fortress built in the 16th century by the Hojo clan, which was later destroyed by Toyotomi Hideyoshi. The closest major landmark is the iconic Mount Takao, a popular hiking destination with a historic temple, Yakuo-in, and stunning seasonal views that attract millions of visitors annually.
