Compact Investment Apartment in Nakano, Tokyo

This property is a studio apartment (one-room) located on the second floor of a four-story reinforced concrete building with one basement level, constructed in August 1984. The unit offers a wall-core exclusive area of 13.22 square meters (approximately 3.99 tsubo) and includes a balcony of 2.78 square meters. The building is under full delegated management with daytime staff. The apartment is currently tenanted, ensuring immediate income for an investor, with projected annual rental income of 684,000 yen and an estimated yield of 6.64%. The transfer of ownership can be arranged immediately.

Key equipment and features include an IH cooking heater and air conditioning. Special notes indicate that the transaction is a general intermediary, and the floor plan prioritizes the current condition of the property. The property comes with defect insurance and a performance evaluation. The monthly costs include a management fee of 5,800 yen and a repair reserve fund of 3,000 yen.

The apartment is situated in the Shin-Oi 2-chome area of Nakano Ward, Tokyo. Nakano is a vibrant residential and commercial district known for its blend of traditional shopping streets and modern subcultures. An interesting local fact is that Nakano is home to the famous Nakano Broadway, a multi-story complex that became a legendary hub for anime, manga, and collectible merchandise, often considered a precursor to the otaku culture centers seen today. The area is well-connected, with Nakano Station on the JR Chuo Line an 11-minute walk away, providing direct access to Shinjuku and Tokyo Station. The closest major tourist attraction is the historic Meiji Jingu Shrine, a vast Shinto shrine surrounded by forest, located a short train ride away in nearby Shibuya.