Renovated 1LDK Investment Condominium in Tokyo's Historic Kuramae District
This property is a 1LDK condominium located on the 6th floor of a 9-story building in Kuramae, Taito Ward, Tokyo. The unit has undergone a comprehensive interior renovation, including the kitchen and bathroom areas, transforming it from its original 2DK layout into a modern 1LDK. It is currently tenanted, generating a stable monthly rental income of 120,000 yen, with an estimated annual yield of 3.86%. The sale is an owner change transaction, and the property is sold in its current condition (現況有姿).
Key features and equipment translated from the agent notes include: heated toilet seat (温水洗浄便座), automatic bath (オートバス), storage space (収納スペース), closet (クローゼット), indoor laundry machine space (室内洗濯機置場), flooring in all rooms (全居室フローリング), auto-lock building entrance (オートロック), monitor intercom (モニター付インターホン), fire alarm (火災報知器), corner unit (角部屋), city gas (都市ガス), hot water supply (給湯), and elevator (エレベーター). Special notes highlight the unit's two-sided lighting (2面採光) and its southwest-facing primary exposure, ensuring excellent natural light.
The Kuramae area is a fascinating blend of old and new Tokyo, historically known as a district for rice storehouses. Today, it retains a traditional atmosphere while being minutes from major transit hubs. An interesting local fact is that the name "Kuramae" literally means "in front of the storehouse," a nod to its Edo-period history. The area is conveniently located just a short walk from the iconic Senso-ji Temple in Asakusa, one of Tokyo's oldest and most significant Buddhist temples, drawing millions of visitors annually.