Compact and Convenient Investment Apartment in Tokyo's Itabashi Ward

This studio apartment, located in Itabashi 2-chome, Tokyo, presents a practical investment opportunity with a strong projected annual yield of 6.24%. The property is currently tenanted, generating an estimated annual rental income of 780,000 yen. The unit itself is a compact 19.88 sqm (approximately 6.01 tsubo) space on the 2nd floor of a 12-story building with one basement level, constructed in September 1989. The building is a sturdy steel-reinforced concrete (SRC) structure with a total of 105 units and features a fully outsourced, patrol-based management system.

Key equipment and features of the apartment include ample storage space, air conditioning, CATV, fiber-optic internet readiness, an auto-lock security system, a monitor-equipped intercom, hot water supply, and a free bicycle parking area. A particularly convenient feature is the permission for residents to take out garbage at any time using small bins. The unit also benefits from dual-aspect lighting, enhancing the sense of space and brightness. Additional building amenities include a time-paid parking lot and a laundry room located in front of unit 201.

The apartment is situated in a highly accessible area, just a 3-minute walk from Itabashi Kuyakushomae Station on the Toei Mita Line, providing easy access to central Tokyo. The surrounding Itabashi ward offers a blend of residential calm and urban convenience. An interesting local fact is that the nearby Itabashi Ward is home to parts of the historic Shakujii River, which has been a vital water source and transportation route for centuries. The area is also within reasonable distance of major attractions like the Tokyo Dome City complex, which offers entertainment, shopping, and events.