Compact Investment Apartment in Sangenjaya, Setagaya
This property is a compact 1K apartment located in the vibrant Sangenjaya area of Setagaya Ward, Tokyo. The apartment is part of the "Maison de Crystal" building, constructed in November 1981. It offers a total floor area of 21.32 square meters (approximately 6.44 tsubo) with a layout consisting of one 6-tatami mat Western-style room and a 4.5-tatami mat kitchen area. The unit includes a 2.5 sqm balcony with a primary exposure to the west.
Key financial details make this an attractive investment opportunity. The property is currently tenanted, generating an estimated annual rental income of 840,000 yen, which translates to a projected annual yield of 6.08%. The asking price is 13,800,000 yen, with monthly fees of 5,000 yen for management and 11,550 yen for the repair reserve fund. The building is a 5-story reinforced concrete (RC) structure, and this unit is situated on the 3rd floor. The property management is fully entrusted to Presto Service Co., Ltd., and the building has a homeowners' association. The transaction is handled directly by the seller.
