Modern Investment Condominium in Ueno, Tokyo
This property is a well-located investment condominium unit in the vibrant Ueno district of Tokyo. The apartment is currently tenanted, offering an immediate income stream with an annual projected rental income of 1,290,000 yen and a yield of 3.9%. The unit features a 1K layout with a wall-core exclusive area of 26.1 sqm (approximately 7.89 tsubo) and includes a balcony of 3.27 sqm. The building is a 14-story reinforced concrete (RC) structure, with this unit situated on the 3rd floor, and was constructed in March 2014.
Key equipment and features include a management fee of 11,010 yen per month. There is no repair reserve fund contribution required. The building is managed by J Community Corporation under a fully entrusted,巡回 (patrol-based) management system with a management association in place. The transaction mode is 専任媒介 (exclusive agency). Special notes indicate that the floor plan prioritizes the current condition of the property. The property comes with defect insurance and equipment performance guarantees. The land use district is designated as a commercial zone.
