Spacious 2DK Apartment in Suginami, Tokyo with Investment Potential
This well-maintained apartment, located in the desirable Suginami Ward of Tokyo, offers a comfortable living space with excellent investment credentials. The property is currently tenanted, providing a stable annual rental income projection of 1.38 million yen, which translates to a healthy 6.96% yield. The 48.44 sqm (approximately 14.65 tsubo) interior is configured in a practical 2DK layout, featuring a 6-tatami Japanese-style room, a 4.5-tatami Japanese-style room, and a 7-tatami dining-kitchen area.
Key features translated from the agent notes include a bathroom with a window, a 2-burner stove, ample storage space, a designated washing machine area, and the advantage of being a corner unit with a southeastern exposure. The building is equipped with an elevator. Special notes confirm that an owner change is permissible, and the unit can even be used for office purposes. The building itself underwent a major seismic renovation and large-scale repair work in January 2022, ensuring modern safety standards. The property is offered under a general intermediary transaction.
The apartment is situated on the 7th floor of an 11-story SRC (steel-reinforced concrete) building constructed in November 1973. It includes a 7.57 sqm balcony. Monthly fees include a 10,000 yen management fee and a 10,880 yen repair reserve fund. There is no parking available with the unit.
The location is highly convenient, with access to two train lines and three stations. It is a 4-minute walk to Tokyo Metro Marunouchi Line's Shinkoenji Station and a 14-minute walk to JR Chuo Line's Koenji Station. The area around Koenji and Shinkoenji is famous for its vibrant, alternative youth culture, vintage clothing stores, and a strong tradition of live music and summer festivals, offering a uniquely energetic Tokyo lifestyle. A major nearby landmark is the historic Gokokuji Temple, a significant Buddhist temple of the Shingon sect, known for its serene atmosphere and beautiful five-story pagoda.
