Well-Maintained 1DK Apartment in Arakawa, Tokyo
This 1DK apartment, located in the quiet Machiya 3-chome neighborhood of Tokyo's Arakawa Ward, offers a convenient and comfortable living space ideal for a single occupant or an investor. The property is situated just a 6-minute walk from Tokyo Metro Chiyoda Line's Machiya Station, with access to two other stations within a 7-minute walk, providing excellent connectivity. Daily necessities are easily accessible, with a supermarket and convenience store both only a 2-minute walk away.
The apartment itself is on the 2nd floor of a 5-story reinforced concrete building constructed in July 1985. It features a separate bath and toilet, a layout highly sought after for its practicality. Significant renovations were completed in December 2022, including a full replacement of the kitchen, bathroom, toilet, and water heater (with the water heater itself replaced again in March 2025). The kitchen is equipped with a single gas burner. The unit comes with air conditioning, a washing machine space indoors, and built-in storage of approximately 0.75 ken (about 1.36 meters) with an overhead compartment. Building amenities include an auto-lock security system, an elevator, a key-locked garbage disposal station allowing for trash disposal at any time, and a paid bicycle parking lot (300 yen per month). The balcony is equipped with an emergency escape hatch.
According to the agent's notes, this property is also recommended for a first-time real estate investment. It is currently tenanted, with an estimated annual rental income of 840,000 yen and a projected yield of 6.46%. The monthly costs include a management fee of 6,540 yen and a repair reserve fund of 7,800 yen. The building is managed by a homeowners' association under a fully contracted,巡回 (rotating/patrol) management system by Nice Community Inc.
The surrounding Arakawa area is known for its blend of traditional shitamachi (downtown) atmosphere and modern convenience. An interesting local fact is that Arakawa is home to the Tokyo Mizumoto Park, one of the city's largest parks, featuring extensive water gardens and bird sanctuaries. For a major tourist attraction, the historic Senso-ji Temple in Asakusa is just a short train ride away, offering a profound cultural experience amidst one of Tokyo's oldest and most vibrant temple districts.