Apartment Building Investment Opportunity in Ota Ward, Tokyo
This listing presents a solid investment opportunity in the form of a six-unit apartment building located in Ota Ward, Tokyo. The property, built in October 1972, is a two-story wooden structure with a total floor area of 131.38 sqm (approximately 39.74 tsubo) situated on a land plot of 101.54 sqm (approximately 30.71 tsubo). The building is currently partially occupied, providing immediate rental income.
According to the agent's notes, the property is equipped with city gas, hot water supply, private toilets, separate bath and toilet rooms, and storage space. A critical detail in the special notes is the road access situation: the property fronts a one-way private road to the east with a width of 2.7 meters. Furthermore, the remarks indicate the building's composition and occupancy: it consists of six 1K (one-room with kitchen) units, of which four are currently tenanted.
The property is situated within a First Category Low-Rise Exclusive Residential Zone in an urban planning area, with a building-to-land ratio of 60% and a floor area ratio of 150%. The land is registered as residential land and features a sloping terrain. The transaction is listed as an owner change opportunity, and the property is noted as being suitable for reconstruction.
The Sanno 2-chome area of Ota Ward offers a residential atmosphere with excellent connectivity. It is a short 5-minute walk from "Omori" Station, served by the Keihin-Tohoku and Negishi lines, providing direct access to central Tokyo, Yokohama, and Saitama. An interesting local fact is that Ota Ward is home to Haneda Airport, Japan's primary international gateway, making it a crucial hub for both domestic and international travel. The ward also boasts the scenic Omori Furusato no Hamabe Park, a seaside park with historical significance and views of Tokyo Bay, offering residents a pleasant waterfront escape.
