Compact Investment Apartment in Nerima's Heiwadai District
This property is a compact one-room apartment located on the 3rd floor of a 4-story reinforced concrete (RC) condominium building constructed in March 1987. The unit offers a wall-core exclusive area of 16 sqm (approximately 4.84 tsubo). The apartment is currently tenanted, providing an immediate rental income stream, with an estimated annual rental income of 720,000 yen and a projected yield of 7.34%. The transfer of ownership is available upon consultation.
The property is equipped with a shower room, an IH cooking heater, storage space, an air conditioner, an indoor washing machine placement area, and lighting fixtures. The building is self-managed by the management association with a visiting superintendent. Important notes include that inquiries must be directed to the information-providing real estate company listed, and the floor plan prioritizes the current condition of the property.
The apartment is situated in the peaceful Heiwadai 4-chome neighborhood of Nerima Ward, Tokyo. It boasts excellent access, being just a 6-minute walk from Heiwadai Station on the Tokyo Metro Yurakucho Line, providing a direct link to central hubs like Ikebukuro and Shinjuku. The area is designated as a Category I Low-Rise Exclusive Residential Zone. An interesting local fact is that Nerima is known as one of Tokyo's leading agricultural wards, producing a significant amount of the city's vegetables, including daikon radishes, within its urban landscape. The closest major landmark is the historic Shakujii Park, a vast green space featuring the ruins of Shakujii Castle, a pond, and extensive walking trails.