Affordable Home in Kashiwa, Chiba — Just $28,000 USD! Perfect Investment Opportunity

If you're looking for a budget-friendly property in the Tokyo metropolitan area, this listing in Kashiwa City, Chiba Prefecture, might be just what you need. Priced at just 4.2 million yen, this home offers a fantastic opportunity for first-time buyers, investors, or anyone seeking a cozy residence in a suburban setting.

Property Overview

• Price: 4.2 million yen (JPY)

  
  

  Note: This property recently experienced a price drop, making it even more affordable!

• Location:

  • Train Access:

    • Motoyama Station (Shin-Keisei Line): 18-minute walk

    • Gogō Station (Shin-Keisei Line): 20-minute walk

  • Address: Kashiwa City, Shiinoki-dai 3-Chome, Chiba Prefecture

Property Details

• Year Built: January 1976 (48 years old)

• Structure: Wooden, 2-story building

• Building Area: 61.04 square meters

• Land Area:

  • Total: 82.43 square meters (approximately 24.93 tsubo)

  • Includes a private road portion of 14.9 square meters

• Zoning: Designated as a Category 1 Low-Rise Residential Zone, offering a quiet and peaceful living environment.

• Building Coverage Ratio: 50%

• Floor Area Ratio: 100%

Features and Highlights

• East-facing road with a public road frontage of 3.6 meters and a width of 2.2 meters, providing good accessibility.

• Occupancy Status: The property is currently vacant, allowing for immediate move-in or renovation.

• Ownership Type: Freehold (Full ownership rights)

• Fire Safety Regulations: No special fire law requirements, reducing potential future costs.

• Sales Terms: Managed through an intermediary, allowing for smooth transactions.

Listing Information

• First Listed Date: October 8, 2024

• Next Update Scheduled: January 8, 2025

Why Consider This Property?

1. Affordable Price: At 4.2 million yen, this home is a rare find in the Greater Tokyo area. It’s an excellent opportunity for investors looking for rental income or families searching for a starter home.

2. Convenient Location: Located within a 20-minute walk from two train stations, the property provides easy access to public transportation, making commutes to Tokyo feasible.

3. Potential for Renovation: The house, built in 1976, offers a unique opportunity for those interested in DIY projects or renovations. You can customize the space to suit modern needs while preserving its vintage charm.

4. Low-Rise Residential Zone: This zoning ensures a tranquil neighborhood with fewer tall buildings, perfect for a peaceful lifestyle.

5. Investment Opportunity: Given the price drop and the location's growth potential, this property could provide a significant return on investment if renovated or rented out.

Things to Consider

• Age of the Building: The house is nearly 50 years old, which may require renovation or repairs, depending on your needs.

• Narrow Road Access: The road frontage is only 2.2 meters wide, which may pose challenges for larger vehicles.

Final Thoughts

This property in Kashiwa City is an incredible opportunity for anyone looking to invest in Japanese real estate at a low entry price. With its strategic location, ease of access to train stations, and the potential for renovation, it’s a property that promises both comfort and growth potential.

Interested in learning more or scheduling a visit? Contact us today to explore this listing and find out how you can make this affordable home in Chiba yours!