Investment Opportunity in Tokyo's Newly Renovated 1DK Apartment
This property is a 33.32 m² (approximately 10.07 tsubo) 1DK apartment for sale, located on the 3rd floor of a 4-story reinforced concrete (RC) building in Kamiochiai, Shinjuku Ward, Tokyo. Built in March 1976, the building is currently under tenant occupancy, presenting an immediate investment opportunity with a projected annual rental income of 1.4 million yen and an estimated yield of 6.51%. The apartment is just a 4-minute walk from Ochiai Station on the Tokyo Metro Tozai Line, offering excellent access to central Tokyo.
The property comes fully equipped with storage space, a closet, air conditioning, an indoor washing machine space, a bed, city gas, and hot water supply. It is an owner-change property. The management is self-managed with a巡回管理会社 (rotating management company). The transaction is a 一般媒介 (general intermediary) with the management code 9. The floor plan takes priority over the current condition.
The surrounding area of Kamiochiai is a quiet residential neighborhood within the bustling Shinjuku ward. An interesting local fact is that the area is historically known for its many printing and bookbinding businesses, a legacy that continues today. The closest major landmark is the Shinjuku Gyoen National Garden, a vast and beautiful park featuring traditional Japanese, English landscape, and French formal gardens, located just a few stops away on the Tozai Line.
