Investment Opportunity in Tokyo's Historic Hongo District

This property is a compact 1K apartment located on the 4th floor of the 9-story Maruwa Building in Bunkyo Ward, Tokyo. The unit offers a wall-core exclusive area of 27 sqm (approximately 8.16 tsubo) and features a 3 sqm balcony with a primary western exposure. The building itself, constructed in August 1979, is an SRC (steel reinforced concrete) structure with a total of 13 units. The current annual projected rental income is 996,000 yen, yielding an estimated 6.00% return. The property is currently tenanted, with a potential handover timing available for consultation.

Key features and equipment notes include: Owner change is permitted, and office use is allowed. The building management is partially outsourced with no on-site manager. There is no dedicated bicycle or motorcycle parking. The transaction is an exclusive intermediary arrangement. The floor plan is prioritized to reflect the actual current condition.

The apartment is situated in the vibrant Hongo 3-chome area, a district steeped in academic history as part of the University of Tokyo's main campus locale. The area seamlessly blends traditional shitamachi (downtown) atmosphere with modern convenience. A notable nearby landmark is the historic Yushima Seido, a serene Confucian temple founded in the 17th century, offering a peaceful retreat amidst the city bustle. The property boasts excellent access, being just a 6-minute walk from Tokyo Metro Marunouchi Line's Ochanomizu Station, 7 minutes from Toei Oedo Line's Hongo-sanchome Station, and 8 minutes from the JR Chuo-Sobu Line's Ochanomizu Station, providing direct links to major hubs like Shinjuku, Tokyo, and Akihabara.