Compact Investment Apartment in Serene Setagaya Neighborhood
This one-room apartment, located on the 5th floor of a 5-story reinforced concrete (RC) building constructed in October 1984, presents a turnkey investment opportunity in Tokyo's Setagaya Ward. The property is currently tenanted, offering an immediate annual rental income projection of 636,000 yen and a calculated yield of 7.96%. The unit itself has a wall-core exclusive area of 14.85 sqm (approximately 4.49 tsubo) and features a 3.6 sqm balcony with a northeast-facing primary exposure for natural light.
Translated agent notes provide essential details: The building is equipped with CATV, a washing machine area, and bicycle parking. The unit is a corner room on the top floor, benefits from two-sided lighting, and has an exterior finished with tiles. The property is located in a quiet residential area and uses city gas. Special notes indicate the internet environment is available via NTT, KDDI, or CATV. The transaction involves a seller-designated judicial scrivener and includes conditional collection agency management (removable with conditions). The property is listed as an "Owner Change" unit.
