Compact Investment Condominium in Tokyo's Historic Hongo District
This property is a one-room condominium for sale, located in the Bunkyo Ward of Tokyo. The apartment is situated on the 1st floor of a 7-story reinforced concrete (RC) building constructed in September 2001. The unit features a wall-core exclusive area of 21.3 sqm (approximately 6.44 tsubo). The monthly running costs include a management fee of 7,700 yen and a repair reserve fund of 6,400 yen. The property is currently tenanted, with an estimated annual rental income of 1,020,000 yen, yielding a projected annual return of 3.80%. The building is under full outsourcing and巡回 (rotating/patrol) management. The transaction type is exclusive intermediary.
According to the agent's notes, the property is undergoing an owner change. The building management is fully outsourced with a patrol-style superintendent. An inspection has been conducted, and defect insurance and equipment warranties are in place. A performance evaluation is also available. The land is designated for commercial use and is covered by the National Land Use Law. The property comes with ownership guarantee. The agent specifically notes that the floor plan prioritizes the current condition of the property.