Investment Opportunity in Tokyo's Kita Ward: A Multi-Unit Apartment Building
This property presents a significant investment opportunity in Tokyo's Kita Ward. It is a multi-unit apartment building constructed in May 1977, featuring a steel frame structure and standing three stories tall. The building is currently fully occupied and generating stable rental income, making it an ideal owner-change property. The total floor area is 136.84 sqm (approximately 41.39 tsubo), situated on a land plot of 72.72 sqm (approximately 21.99 tsubo).
Critical agent notes have been translated for full disclosure. The equipment includes city gas. Special notes on road access detail that it fronts a one-way road to the east, 3.4 meters wide, with a private road frontage of 5.3 meters. Further remarks specify: "Owner change property (1st floor: 1 shop, 1st floor: 1 residential unit, 2nd & 3rd floors: 2 residential units each, rooftop included). Fully occupied and operational. Yield 5.43%. Annual income 5.16 million yen. Setback portion of 5.06 sqm (approx. 1.53 tsubo) required."
