Castle Mansion Hikifune: A Compact Investment in Tokyo's Sumida Ward
This property is a one-room apartment located on the 4th floor of a 10-story reinforced concrete (SRC) building named Castle Mansion Hikifune in Sumida Ward, Tokyo. Built in February 1989, the unit offers a wall-core exclusive area of 17.81 sqm (approximately 5.38 tsubo) and includes a 2.6 sqm balcony facing southwest for natural light. The building is well-equipped with air conditioning, an elevator, and a free-of-charge bicycle parking area, making it convenient for cyclists and commuters.
Currently tenanted, the apartment presents an investment opportunity with an estimated annual rental income of 708,000 yen and a projected yield of 5.66%. Monthly fees include 6,180 yen for management and 2,760 yen for repair reserve funds. The building itself sits on a land area of 409.03 sqm, contains 52 units in total, and was constructed by Toda Construction Corporation. Management is fully entrusted to Classic Co., Ltd., which provides巡回 (rotational) supervisory services. The property comes with瑕疵保証 (defect warranty) and性能評価 (performance evaluation) insurance. The land is designated for commercial use under the City Planning Act.
The location is highly accessible, just a 3-minute walk from Keisei Hikifune Station on the Keisei Oshiage Line and a 4-minute walk from Hikifune Station on the Tobu Isesaki and Daishi Lines. The area is part of the historic shitamachi (downtown) region of Tokyo, known for its traditional atmosphere and local festivals. A short trip from the station brings you to the Sumida River, famous for its seasonal firework displays and the iconic Tokyo Skytree, one of the world's tallest towers, offering panoramic views of the metropolis.
