Compact Investment Apartment in Itabashi, Tokyo
This studio apartment, located on the 11th floor of an 11-story reinforced concrete building constructed in September 1985, offers a convenient urban living space in Tokyo's Itabashi ward. The property has a wall-core exclusive area of 24.90 sqm (approximately 7.53 tsubo) and features a west-facing balcony. It is currently tenanted, providing an immediate investment opportunity with a projected annual rental income of 792,000 yen and an estimated yield of 6.00%. The monthly running costs include a management fee of 5,557 yen and a repair reserve fund of 5,200 yen.
According to agent notes, the property is available for owner change and permits office use. The building management is fully entrusted with a roving superintendent. The property comes with an inspection report, defect warranty, defect insurance, equipment warranty, and a performance evaluation. The transaction is handled as a general intermediary.
The apartment boasts excellent accessibility, being just a 2-minute walk from Itabashi Kuyakushomae Station on the Toei Mita Line. It is also within a 10-minute walk from Shim-Itabashi Station on the Tobu Tojo Line and a 14-minute walk from Itabashi Station on the Saikyo Line. The area of Itabashi offers a blend of residential calm and city convenience. An interesting local fact is that the ward is home to the historic Itabashi Fudo, a temple dedicated to the Buddhist deity Fudo Myoo, which has been a site of worship for centuries. The closest major landmark is the Tokyo Dome City complex in neighboring Bunkyo ward, a major entertainment hub featuring an iconic stadium, an amusement park, and shopping facilities.
