Investment Property in Nishitokyo: Two Buildings with Six Rental Units
This property offers a unique investment opportunity in Nishitokyo, Tokyo, featuring two separate residential buildings on a single land parcel. The total land area is 302.46 square meters, and the property is located in the Yagisawa 6-chome area. The property is currently fully tenanted, providing immediate rental income.
The first building is a two-storey wooden structure with a slate roof, built in November 1994. It has a total floor area of 91.18 square meters and contains four 1K units, designed for single occupants. The second building is a two-storey wooden structure with a tile roof, built in September 1979. Its total floor area is approximately 130 square meters, which includes an unregistered extension. This building contains two units: a 2K on the first floor and a 2DK on the second floor. These two units are under a fixed-term building lease agreement.
The property is equipped with city gas, air conditioning, hot water supply, separate bathroom and toilet, shower, indoor washing machine space, storage space, and bicycle parking. The site has road frontage on two sides (excluding corner lots), facing north and west onto private roads, each 4 meters wide. The north side has a 7.2-meter frontage, and the west side has a 4-meter frontage. A portion of the southern part of the site is zoned as a nearby commercial district, allowing for a building coverage ratio of 80% and a floor area ratio of 300%. The property is also within a Type 3 height control area and a quasi-fire prevention zone. In addition to the six residential units, two parking spaces are also rented out. The site includes a sloped area. Please note that the land is currently being surveyed, so the registered area may differ from the actual area.
