Modern Investment Condominium in Tokyo's Itabashi Ward
This property is a well-maintained condominium unit located in Itabashi Ward, Tokyo. The apartment features a 1K layout with a wall-core exclusive area of 25.91 square meters (approximately 7.83 tsubo) and includes a balcony of 1.81 square meters. It is situated on the 3rd floor of a 6-story reinforced concrete (RC) building constructed in August 2012. The building comprises 37 units and is managed under a fully entrusted, patrol-based system.
Key financial details highlight its investment potential. The property is currently tenanted, generating an estimated annual rental income of 1,008,000 yen, which results in a projected annual yield of 4.38%. The asking price is 23,000,000 yen, with a monthly management fee of 8,050 yen. There is no repair reserve fund required. The transaction is handled as an exclusive dedicated agency. Special notes from the agent clarify that the floor plan prioritizes the current condition of the property. The property comes with defect insurance and a performance evaluation. The land is designated for neighborhood commercial use under the City Planning Act.
