Newly Renovated Investment Condominium in Tokyo's Itabashi Ward
This property is a recently renovated 2LDK condominium located in Itabashi Ward, Tokyo. The apartment underwent a comprehensive renovation in September 2021, which included the replacement of flooring, fixtures, cabinetry, lighting, and the hot water heater (with a reheating function). The kitchen, washbasin, bathroom, and toilet were all completely replaced. New additions include a bathroom ventilation dryer and full wall covering replacement. The unit features a walk-in closet, a system kitchen with a counter, a shower-equipped vanity, a heated toilet seat, and flooring throughout all rooms. Building amenities include an auto-lock system, elevator, and fire alarms. The property is currently tenanted, with an estimated annual rental income of 1,668,000 yen and a projected yield of 5.59%. An owner change is scheduled for the year.
The apartment is situated in a highly convenient location, just a 1-minute walk from Itabashihoncho Station on the Toei Mita Line, providing excellent access to central Tokyo. The surrounding neighborhood offers daily necessities with convenience stores and supermarkets within a 100-meter radius. Itabashi Ward is a vibrant residential area known for its blend of traditional shitamachi atmosphere and modern convenience. An interesting local fact is that the ward is home to the Tokugawa family's Akabane Detached Palace Garden, a historic site. The area is also within reasonable distance of major attractions like the Tokyo Dome City entertainment complex.
