Compact Investment Apartment in Setagaya's Desirable Okusawa Neighborhood
This 1K apartment, located on the 6th floor of a 7-story reinforced concrete building constructed in June 1986, presents a low-maintenance investment opportunity in Tokyo's Setagaya Ward. The property is currently tenanted, offering an immediate annual rental income projection of 828,000 yen and an estimated yield of 6%. The unit features a compact yet functional 18 sqm (approximately 5.44 tsubo) interior with a balcony of 2.56 sqm.
Essential building amenities have been translated from the agent's notes and include a dedicated washing machine space with a secured drain outlet, an auto-lock security system, an elevator, and paid parking for bicycles (6,000 yen/year) and motorcycles (12,000 yen/year). The building is under full委托 management with a homeowners' association and a巡回 (rotating) manager. The transaction is handled under an exclusive专任媒介 (exclusive dedicated agency) agreement.