Property Overview: Studio Apartment in Hakusan, Bunkyo-ku
This studio apartment is situated in the Hakusan 1-chome area of Bunkyo-ku, Tokyo. The property is a used condominium unit on the fourth floor of a ten-story building constructed from steel-frame reinforced concrete (SRC) in November 1983. The unit offers a floor area of 16.54 square meters, with a balcony space of 2.00 square meters facing southwest. The layout is a single room (one-room).
The property is equipped with an air conditioner, an induction heating (IH) cooking heater, an elevator in the building, a washing machine space, cable television (CATV), a refrigerator, and a bicycle parking area. A monthly management fee of 8,500 yen and a repair reserve fund of 1,000 yen apply.
The property is currently tenanted, with a monthly rent of 63,000 yen. Based on this rent, the gross yield is calculated at 5.03%, with an estimated annual rental income of 756,000 yen. The land ownership is freehold, and the property is under a full management consignment system with a patrol-style building manager.