Renovated 3DK Apartment in Asakusa with Investment Potential

This property is a 52.1 sqm (approximately 15.76 tsubo) 3DK apartment located on the 2nd floor of a 4-storey steel-framed building constructed in November 1988. The apartment has been comprehensively renovated in August 2024, including a full renewal of the kitchen, bathroom, toilet, washbasin area, and water heater. The interior features new wallpaper throughout all rooms, walls, and ceilings. The renovation also included the installation of air conditioning units in all rooms (4 units total), LED lighting, and a TV-equipped intercom system.

Equipment and features include a bidet toilet with warm-water washing, a bath reheating function, a bathroom dryer, a washbasin with shower, a grill, ample storage space including under-floor storage, storage in all rooms, closets, an indoor laundry machine space, flooring in all rooms, motion-sensor lighting, a monitor-equipped intercom, city gas, and hot water supply. A special note is that the unit benefits from dual-aspect natural light.

The property is currently tenanted, generating an estimated annual rental income of 2,376,000 yen, which translates to a projected yield of 6.17%. The management fee is 12,800 yen per month, with a repair reserve fund of 6,100 yen per month. The location is highly convenient, within a 9-minute walk from Tsukuba Express Asakusa Station, a 13-minute walk from Tokyo Metro Hibiya Line Iriya Station, and a 17-minute walk from Tokyo Metro Ginza Line Asakusa Station.

Asakusa is one of Tokyo's most iconic districts, famously home to the ancient Senso-ji Temple, Tokyo's oldest temple, which draws millions of visitors annually. The area perfectly blends traditional atmosphere with modern convenience, offering easy access to the rest of the metropolis while retaining its unique historical charm.