Spacious 1DK Apartment with Full Renovation in Koenji, Tokyo
This property is a renovated 1DK apartment located in the popular Koenji neighborhood of Tokyo's Suginami Ward. The apartment offers a generous exclusive floor area of 35.16 sqm (approximately 10.63 tsubo), providing ample living space. It has been fully renovated in October 2013, incorporating new technology and sensibilities, making it an attractive option for those who prioritize cleanliness and modern amenities regardless of the building's age.
According to the agent's notes, the property includes the following equipment and features: The renovation was a full renovation. Special notes indicate that a separate name change fee will be incurred. Furthermore, the repair reserve fund was revised as of June 2025. The current status is tenanted, and the handover timing is negotiable. The property is an owner-change property with an estimated annual rental income of 1.44 million yen and an estimated annual yield of 9.29%.
The apartment is situated on the 1st floor of a 7-story reinforced concrete building constructed in July 1970. Monthly fees include a management fee of 5,500 yen and a repair reserve fund of 14,060 yen. The main exposure is southeast. The building is managed by Nippon Housing, and there is a management association. The land has an old-law leasehold with a monthly ground rent of 6,570 yen and a lease period of 24 years and 4 months.
The location is highly convenient, with Koenji Station (JR Chuo-Sobu Line and Chuo Main Line) a 6-minute walk away and Shin-Koenji Station (Tokyo Metro Marunouchi Line) an 8-minute walk. The vibrant area of Koenji is known for its bohemian atmosphere, vintage clothing stores, and lively festival scene, including the famous Awa Odori dance festival. A major landmark nearby is the historic Gokokuji Temple, a significant Buddhist temple of the Shingon sect, located a short train ride away in the neighboring Bunkyo ward.