Compact Investment Apartment in Ueno, Tokyo
This 1K apartment, located on the 3rd floor of a 10-story building with one basement level, offers a convenient urban lifestyle in the heart of Tokyo's Ueno district. The property features a wall-core exclusive area of 21.74 sqm (approximately 6.57 tsubo) and was built in November 1983. It is currently tenanted, generating a projected annual rental income of 1,080,000 yen, with an estimated yield of 3.75%. The building is a sturdy steel-framed reinforced concrete (SRC) structure with 112 units total and is managed by a fully contracted,巡回 (patrolling) management company.
Key equipment and features include an auto-lock bath unit, ample storage space, air conditioning, and an indoor space for a washing machine. A significant renovation was completed in March 2024, featuring re-wallpapering throughout all rooms. The property is situated in a commercial zone (近隣商業地域 / neighborhood commercial district) and comes with defect insurance and a performance evaluation guarantee.
The location is exceptionally well-connected, with JR Yamanote Line and Keihin-Tohoku/Negishi Line's Okachimachi Station just a 2-minute walk away, and Tokyo Metro Hibiya Line's Naka-Okachimachi Station a 3-minute walk. The vibrant Ameyoko shopping street is right on the doorstep, with popular stores like Bic Golf Ameyoko Main Store and UNIQLO Okachimachi within a few minutes' walk. The area is a fascinating blend of traditional market energy and modern convenience, historically known as a bustling post-war black market that transformed into a thriving shotengai (shopping street). The closest major landmark is the expansive Ueno Park, a short walk away, which houses several of Tokyo's premier museums, a zoo, and beautiful seasonal cherry blossoms.
