Dolce Higashi-Nippori Niban-kan: A Well-Maintained Investment Apartment in Arakawa, Tokyo
This property is a 25.46 sqm (approximately 7.70 tsubo) one-room apartment (1K layout) located on the 9th floor of the 11-story reinforced concrete building 'Dolce Higashi-Nippori Niban-kan' in Higashi-Nippori 3-chome, Arakawa Ward, Tokyo. Built in June 2009, the building features a tiled exterior and employs a patrol-based management system for security and upkeep.
The apartment is equipped with a system kitchen, bathroom with toilet featuring a warm-water washlet and a dryer, a dedicated indoor space for a washing machine, a balcony facing west measuring 4.74 sqm, and ample storage space. Building-wide facilities include an elevator, an auto-lock security system, a parcel delivery box, and an intercom with a TV monitor.
Currently tenanted, the property generates a monthly income of 95,000 yen. The lease renewal fee, applicable every two years, is equivalent to 1.5 months of the new rent. Monthly ownership costs include a management fee of 6,660 yen and a repair reserve fund of 3,390 yen. Additional monthly fees are 830 yen for Opticast utility usage and 200 yen for neighborhood association dues. The building does not have dedicated parking facilities.
The location offers excellent transport access, being a 4-minute walk from the JR Joban Line's Mikawashima Station, a 10-minute walk from the JR Yamanote Line's Nippori Station, and a 13-minute walk from the JR Yamanote Line's Uguisudani Station, providing convenient connections across central Tokyo.