Discover the Investment Potential of Motohanda Terrace House in Tokyo's Ota Ward
This property presents a compelling investment opportunity in the form of a two-unit apartment building, Motohanda Terrace House, located in Ota Ward, Tokyo. Constructed in December 1987, this wooden structure sits on a land area of approximately 87.53 square meters (about 26.47 tsubo) with a total building area of 81.52 square meters (about 24.65 tsubo). The property is currently tenanted, offering immediate rental income for a new owner.
Critical agent notes detail the property's facilities, which have been fully translated from the Japanese listing. The building is equipped with city gas, air conditioning, separate bath and toilet, a shower, and a bath reheating function. These amenities enhance the livability and appeal of the units for tenants. The land is designated within the City Planning Area as a Category I Exclusive Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%.
The location offers excellent accessibility, being within a 10 to 14-minute walk from three stations on the Keikyu Airport Line: Otorii Station (10 min), Kojiya Station (12 min), and Anamori-inari Station (14 min). This provides convenient connections to Haneda Airport and central Tokyo. The area of Motohanda is a quiet residential neighborhood, yet it benefits from its proximity to one of Tokyo's major gateways. An interesting local fact is that Ota Ward is home to Haneda Airport, Japan's busiest domestic airport and a major international hub, which drives constant activity and demand in the surrounding areas. The closest major landmark is the historic Anamori Inari Shrine, a short walk from Anamori-inari Station, known for its vibrant torii gates and festive atmosphere.