Compact Investment Apartment in Shinagawa, Tokyo
This property is a compact 1K apartment located on the 8th floor of an 11-story reinforced concrete (RC/SRC) building in Shinagawa Ward, Tokyo. The apartment has a wall-core exclusive area of 16.38 sqm (approximately 4.95 tsubo) and features a south-facing balcony measuring 3.15 sqm. The building was constructed in September 1990 and is managed by Sky Service Co., Ltd. on a fully entrusted, patrol basis. The total number of units in the building is 87.
Key equipment and features include an IH cooking heater, ample storage space and closets, air conditioning, an indoor washing machine space, security cameras, an elevator, and a free-of-charge bicycle parking area. The property is currently vacant and ready for immediate handover. It is presented as an investment opportunity with an estimated annual rental income of 1,020,000 yen and a projected annual yield of 5.51%. An owner change is planned for the year. The transaction is handled directly by the seller.
The apartment is situated in the Hiratsuka 2-chome area of Shinagawa, a ward known for its mix of residential calm and urban convenience. Shinagawa is a major transportation hub, with the Shinagawa Station area serving as a gateway to the Shinkansen and a growing business district. The property itself offers excellent access, being just a 4-minute walk from Togoshi Ginza Station on the Tokyu Ikegami Line, a 6-minute walk from Togoshi Station on the Toei Asakusa Line, and a 14-minute walk from Musashi Koyama Station on the Tokyu Meguro Line.