Compact Investment Apartment in Tokyo's Naka-no District
This studio apartment, located in the vibrant Higashi-Nakano 4-chome area of Tokyo's Nakano Ward, presents a compelling investment opportunity. The property is currently tenanted, generating a projected annual rental income of 720,000 yen, which translates to an attractive gross yield of approximately 4.83%. The unit is situated on the 5th floor of an 8-story (plus one basement) reinforced concrete (SRC) building constructed in October 1986. The building is managed by a full-service, daytime management company and features an elevator for convenience.
The apartment itself offers a wall-core exclusive area of 17.87 sqm (approximately 5.4 tsubo) in a studio layout. It includes a 3.16 sqm balcony with a northern exposure. Building amenities include a designated washing machine space, bicycle parking (monthly fee: 500 yen), and motorcycle parking (monthly fee: 4,000 yen). The monthly common charges are 5,250 yen for management fees and 4,110 yen for the repair reserve fund. The property is offered for sale at 14,900,000 yen. The current tenancy status means the handover timing is negotiable, and an owner change is scheduled for the year. The building has undergone a performance evaluation and carries defect insurance.
The location is exceptionally convenient, with multiple train lines within easy walking distance. The Tokyo Metro Tozai Line's Ochiai Station is just a 1-minute walk away, providing direct access to central hubs. The Toei Oedo Line's Nakai Station is a 7-minute walk, and the JR Sobu and Chuo Local Lines' Higashi-Nakano Station is a 10-minute walk. The area is zoned as a neighborhood commercial district. While immersed in local city life, the property is also within reasonable reach of major attractions. A short train ride can take you to the historic and bustling Shinjuku district, home to the iconic Tokyo Metropolitan Government Building observatories, which offer stunning, free panoramic views of the city and, on clear days, Mount Fuji.
