Compact Investment Apartment in Kyoto's Historic Kamigyo Ward
This property is a 1K layout apartment located on the 4th floor of a 4-storey reinforced concrete (RC) building constructed in August 1989. The private interior area is 17.68 square meters (approximately 5.34 tsubo), featuring a south-facing balcony of 3.36 square meters. The monthly running costs include a management fee of 5,800 yen and a repair reserve fund of 4,080 yen. The building is managed by Tokyu Community Co., Ltd. under a fully delegated management system with a巡回 (rotating) manager and an active management association. The total number of units in the building is 62. The property is currently tenanted, with an owner change planned. It generates an estimated annual rental income of 500,000 yen, yielding a projected annual return of 8.33%. The transaction is handled directly by the seller. Please note that the floor plan prioritizes the current condition of the property.
