Investment Opportunity: Modern 1K Apartment in Tokyo's Kita Ward
This property is a well-maintained 1K apartment located in the vibrant Kita Ward of Tokyo. Built in September 2010, the apartment is situated on the 3rd floor of a 9-story reinforced concrete (RC) building. The unit offers a compact yet efficient living space with a wall-core exclusive area of 25.39 sqm (approximately 7.68 tsubo), featuring a 9-tatami mat Western-style room and a 2.91 sqm balcony facing southeast for ample natural light. The building is equipped with essential amenities including an elevator, auto-lock security system, monitor-equipped intercom, dimple key, security cameras, parcel delivery boxes, and a bicycle parking area.
The apartment is currently tenanted, generating a projected annual rental income of 1,152,000 yen, which translates to a surface yield of 4.57%. Monthly running costs include a management fee of 7,110 yen and a repair reserve fund of 12,760 yen, with an additional miscellaneous cost of 100 yen per month. The property is offered for sale at 25,200,000 yen. Special notes indicate an owner change is scheduled for the year, and the transaction method is exclusive agency.
Key equipment and features have been translated from the agent's notes: heated toilet seat, bathroom dryer, 2-burner stove, closet, air conditioning, 24-hour ventilation system, washing machine space (indoor), auto-lock, monitor intercom, dimple key, security cameras, city gas, elevator, and parcel delivery box.
