Spacious Investment Apartment Building in Tokyo's Kita Ward

This substantial apartment building, constructed in November 1992, presents a significant investment opportunity in the well-connected Akabane Kita area of Tokyo's Kita Ward. The property is a mere 2-minute walk from the "Kita-Akabane" station on the Saikyo Line, offering excellent access to central Tokyo and Saitama. The building itself is a robust steel-framed structure standing three stories tall, with a total floor area of approximately 418.64 square meters (126.63 tsubo).

The property's facilities include city gas, hot water supply, and separate bath and toilet units. Critical details from the agent notes reveal important land characteristics. The road frontage details are as follows: a 12-meter wide public road to the southwest without positional designation, and a 3.2-meter wide private road to the northwest, also without positional designation. Furthermore, a special note clarifies that the total land area of 273.71 square meters (82.79 tsubo) includes a setback portion of approximately 4 square meters.

Currently tenanted, this building is situated on land zoned as Category 1 Residential District within the urbanization promotion area. The plot ratio is 300% with a building coverage ratio of 60%. The land is registered as residential land and has a gentle slope. The property is offered for sale under an exclusive intermediary agreement.

The surrounding Kita Ward area is a vibrant residential district known for its blend of convenience and local charm. An interesting historical fact is that the nearby Arakawa River was once a major transportation route for goods. The area provides easy access to central Tokyo while maintaining a strong community feel. The closest major landmark is the historic Asukayama Park, a famous scenic spot established in the 18th century by Shogun Tokugawa Yoshimune, featuring museums, a library, and beautiful cherry blossoms in spring.