Apartment Building Investment Opportunity in Mitaka, Tokyo

This listing presents a six-unit apartment building located in the desirable residential area of Mitaka, Tokyo. The property, built in October 1988, is a two-story wooden structure with a total floor area of 234.90㎡ (approximately 71.05 tsubo) situated on a land plot of 182.28㎡ (approximately 55.13 tsubo). The building is currently fully tenanted, offering immediate rental income for an investor. The land ownership is freehold (ownership rights), and the property is situated within an urbanization promotion area.

Critical agent notes provide essential details on road access and zoning. The property has road frontage on two sides (excluding a corner lot). To the north, it faces a 5.9-meter wide public road with a frontage of 12.5 meters. To the east, it faces a 4-meter wide road. Furthermore, the zoning details are specified: the exclusive area per unit ranges from 35.74㎡ to 42.12㎡. The area within 20 meters from the western road (roads 3, 4, and 18) is designated as a Category II Medium-to-High Rise Exclusive Residential Zone, which permits the existing six residential units. Beyond 20 meters from the western road, the zoning changes to a Category I Low-Rise Exclusive Residential Zone. The property is also undergoing an owner change.

The building does not include dedicated parking facilities. The land is regulated with a building-to-land ratio of 60% and a floor area ratio of 200%. The transaction is handled under an exclusive intermediary agreement.

Mitaka is a charming city in western Tokyo known for its cultural atmosphere and green spaces. It is home to the renowned Ghibli Museum, a major tourist attraction dedicated to the works of Studio Ghibli, drawing animation fans from around the world. The property is within a 21-minute walk from Musashi-Sakai Station, providing access to the Chuo Main Line and the Seibu Tamagawa Line, connecting residents to central Tokyo and the wider metropolitan area.