Compact Investment Apartment in Ota City, Tokyo
This property is a 1K layout condominium for sale, located in the Nishikamata 2-chome area of Ota City, Tokyo. The apartment is situated on the 2nd floor of a 4-story reinforced concrete (RC) building constructed in February 1995. The private wall-core area is 16.48 sqm (approximately 4.98 tsubo). The monthly running costs include a management fee of 13,666 yen and a repair reserve fund of 7,410 yen. Additional monthly hot water charges are 7,500 yen. The building is equipped with storage space, air conditioning, an indoor washing machine area, an auto-lock security system, and bicycle parking. The exterior features tile siding.
According to agent notes, the property is currently under a sub-lease contract, but this sub-lease is cancellable. For details, please contact the agent. The current annual projected rental income is 777,600 yen, with a projected annual yield of 5.21%. The property is currently tenanted. The building has a total of 21 units and is under full委托 management with an on-site manager. The transaction type is general intermediary.