Compact Investment Apartment in Tokyo's Historic Asakusa Area
This property is a 1K apartment for sale located in the vibrant Taito Ward of Tokyo. The apartment is currently tenanted, offering an immediate rental income stream. The annual projected rental income is 840,000 yen, yielding a gross annual return of approximately 5.63%. The property is being sold due to an owner change.
The apartment is situated on the 2nd floor of a 9-story SRC (steel-framed reinforced concrete) building constructed in November 1984. The private, wall-core area is 19.72 sqm (approximately 5.96 tsubo) and features a 1K layout. The building is under full entrusted management by a management association, with the management company being Sanbuild Co., Ltd. Monthly fees include 7,750 yen for management and 5,434 yen for repair reserve fund. The property comes with storage space and a designated area for a washing machine. The transaction is an exclusive intermediary arrangement.
The location is exceptionally convenient, with Tsukuba Express's Shin-Okachimachi Station just a 2-minute walk away. It is also within walking distance of Toei Asakusa Line's Kuramae Station (8 minutes) and Tokyo Metro Ginza Line's Inaricho Station (9 minutes). The property is in a commercial zone. An inspection and defect insurance are in place for the building.
The surrounding Asakusa area is one of Tokyo's most famous historic and cultural districts, known for Senso-ji Temple, Tokyo's oldest temple. A short walk will bring you to the bustling Ameya Yokocho market street, offering a classic Tokyo shopping and dining experience. The area perfectly blends traditional atmosphere with modern convenience, supported by excellent transport links.
