Investment Property in Ueno Sakuragaoka, Taito-ku, Tokyo
This property is a multi-unit apartment building located in the Ueno Sakuragaoka 1-chome area of Taito-ku, Tokyo. The building, which was constructed in April 1992, is a three-storey steel-frame structure containing a total of 12 residential units. The property is currently tenanted, presenting an opportunity for an investor to acquire an income-generating asset.
The land area is 71.73 square meters (approximately 21.69 tsubo), with a total building floor area of 164.88 square meters (approximately 49.87 tsubo). The property benefits from a building-to-land ratio of 80% and a floor-area ratio of 400%. The land is zoned for commercial use (neighborhood commercial district) and is situated on a sloping site. The road frontage details indicate a public road to the northwest with a width of 10.7 meters, with no specific positional designation. The land is held under freehold ownership (title ownership).
According to the property notes, the estimated annual income, including common area fees, is 8,712,830 yen, representing a gross yield of 5.01%. This annual income includes income from surface rights. The property is being sold as-is, based on the official registry, and the seller disclaims any responsibility for contractual non-conformity. The building's construction material is steel frame. The property is located within a 7-minute walk from Uguisudani Station on the Yamanote Line and the Keihin-Tohoku/Negishi Line, and a 12-minute walk from Nippori Station on the Joban Line. The property is in the Ueno Sakuragaoka area of Taito-ku, Tokyo, a well-known district in the city's traditional cultural heartland, near Ueno Park and its many museums and zoo.
