Compact Investment Apartment in Vibrant Ikebukuro
This compact 1K apartment, located in the bustling Ikebukuro district of Tokyo's Toshima Ward, presents a practical investment opportunity. The property is currently tenanted, generating a projected annual rental income of 840,000 yen with an estimated yield of 5.63%. The apartment is situated on the 2nd floor of a 6-story reinforced concrete (RC) building constructed in April 1989. The unit offers a wall-core exclusive area of 18.41 sqm (approximately 5.56 tsubo) and includes a 2.97 sqm balcony.
Key equipment and features of the property include storage space, air conditioning, an elevator, and a bicycle parking area. Special notes indicate that an owner change is possible, and the unit is permitted for office use. The management is fully entrusted to a company with a巡回 (rotating/patrol) management style. The property comes with defect insurance (瑕疵保険) and an equipment performance guarantee (設備保証性能評価).
The Ikebukuro area is a major commercial and entertainment hub, rivaling Shinjuku and Shibuya. An interesting fact is that Ikebukuro Station is home to the world's busiest pedestrian crossing located inside a train station building. The closest major landmark is the iconic Sunshine City complex, a massive skyscraper featuring an aquarium, planetarium, observation deck, and shopping mall, all just a short distance from the property's location.
