Renovated Investment Condominium in Tokyo's Kita Ward
This property is a renovated condominium unit located in Takinogawa 1-chome, Kita Ward, Tokyo. The unit is on the 1st floor of a 3-story reinforced concrete building constructed in February 1979. The layout is a 2DK with a wall-core exclusive area of 36.66 sqm (approximately 11.08 tsubo). The property is currently tenanted, making it an investment opportunity with an estimated annual rental income of 1,104,000 yen and a projected yield of 7.03%.
Key equipment and features include ample storage space, storage in all rooms, an indoor washing machine space, flooring throughout all rooms, city gas, and a water heater. A major renovation was completed in September 2018, which added functionality and value beyond the original construction. The renovation work included replacement of the unit bath, kitchen, toilet, fittings, and water heater, as well as the installation of a new washbasin and closets, and re-papering of walls and ceilings.
Special notes highlight that the property is situated on high ground. The building is autonomously managed by a management association, with no on-site superintendent. The transaction is a general intermediary. The floor plan shown prioritizes the current condition.