Investment Opportunity: Owner-Change Property in Ota-ku, Tokyo

This is an owner-change property located in Nishi-Rokugo 2-chome, Ota-ku, Tokyo, offering a turnkey investment opportunity. The property is currently tenanted, with an existing lease agreement that will be transferred to the new owner upon purchase. The current annual rental income is projected at 1,620,000 yen (135,000 yen per month), yielding a gross surface return of 4.05%. Please note that this yield is calculated based on the sale price against the projected annual rental income, and does not deduct property taxes, public dues, or other costs required to maintain the property. Furthermore, the current rental income is not guaranteed for the future.

The property is a two-story wooden structure built in March 1987, offering a 3LDK layout with a total floor area of 97.8 square meters (measured by wall center). The land area is 54.11 square meters (based on the registry). A parking space is available for one car at no additional charge. The property features a separate bathroom and toilet, a bay window, and a balcony. It is located a 9-minute walk from Zoshiki Station on the Keikyu Main Line, with additional access to Rokugodote Station (13 min walk), Kamata Station on the JR Keihin-Tohoku/Negishi Line (22 min walk), Hasunuma Station on the Tokyu Ikegami Line (24 min walk), and Minatocho Station on the Keikyu Daishi Line (26 min walk). The property faces a 5-meter public road to the south with a frontage of 5.2 meters. It is situated in a semi-industrial zone with a building coverage ratio of 60% and a floor area ratio of 200%. The land ownership is freehold. Viewing appointments can be arranged by contacting the agent.