Lions Mansion Kinshicho 602: A Bright Investment Apartment in Tokyo's Sumida Ward
This property is a 1DK apartment for sale located on the 6th floor of a 9-story reinforced concrete (SRC) building constructed in June 1978. The apartment offers a bright living environment with its primary windows facing south, ensuring long hours of sunlight and warmth even during winter. The layout consists of a 6-tatami mat dining kitchen and a separate 7-tatami mat Western-style room, with a balcony of 4.48 square meters. The total exclusive area is 36.31 square meters (approximately 10.98 tsubo).
Key equipment and features include a 2-burner stove, ample storage space, air conditioning, an indoor space for a washing machine, hot water supply, and an elevator in the building. The property is currently tenanted, with an estimated annual rental income of 1.2 million yen and a projected annual yield of 5.45%. The monthly fees include 11,910 yen for management and 12,710 yen for repair reserve fund. There is no parking available with the unit. The building is professionally managed by Okyo Astage, and the property comes with defect insurance. The land is designated for commercial use.
The location is exceptionally convenient, with Kinshicho Station (Sobu and Chuo lines) just a 5-minute walk away, making commutes to work or school effortless. Sumiyoshi Station on the Toei Shinjuku Line is also within an 8-minute walking distance. The area is vibrant and well-connected. An interesting local fact is that the nearby Sumida River is famous for its spectacular summer fireworks festival, one of Tokyo's oldest and most celebrated. The closest major tourist attraction is the Tokyo Skytree, the world's tallest tower, located just a short train ride away in the neighboring district.
