Renovated 1K Apartment in Shinagawa with Excellent Investment Potential
This property is a 1K apartment located on the 4th floor of a 13-story building in Nishigotanda, Shinagawa Ward, Tokyo. The apartment has a private floor area of 21.21 sqm (approx. 6.41 tsubo) and features a balcony of 2.71 sqm with eastern exposure for good natural light. It was built in November 1979 and meets the new earthquake-resistant standards, with seismic reinforcement work already completed.
The apartment has undergone a comprehensive renovation completed in March 2025. This included a full interior refurbishment of floors, walls, ceilings, and fixtures, as well as a complete renewal of the kitchen, bathroom, toilet, and water heater. The property is equipped with a washbasin, IH cooking heater, closet, air conditioning, downlights, refrigerator, monitor-equipped intercom, and is a corner unit. Utilities include city gas and tap water. Building amenities include an elevator and a coin laundry room. The exterior of the building is tile-clad.
Special notes indicate the property has good sunlight and offers access to two train lines. It is currently tenanted, providing an immediate rental income stream, with an estimated annual rental revenue of 1,020,000 yen and a projected yield of 6.03%. The property is an owner-change listing, and pets and office use are negotiable. The management fee is 6,360 yen per month, and the repair reserve fund is 5,020 yen per month. There is no parking available.
