Compact Investment Apartment in Tokyo's Taito Ward
This studio apartment, located in the 6th floor of a 9-story building with one basement level, offers a compact yet functional living space in the vibrant Taito Ward of Tokyo. The property features a wall-core exclusive area of 16.20 square meters (approximately 4.9 tsubo) with a Western-style room layout. Key equipment includes a dedicated toilet, IH cooking heater, central heating/cooling, flooring, an auto-lock building entrance, a monitor-equipped intercom, and city gas. The building is equipped with an elevator and a coin-operated laundry facility on the B1 floor. Special notes highlight that the unit benefits from two-sided natural light and offers convenient access to two different train lines.
Important remarks from the agent specify that liability for non-conforming contracts is disclaimed. As the unit is currently leased to a third party, immediate occupancy for personal use is not possible. The property is being sold with an existing tenant, presenting an investment opportunity with an estimated annual rental yield of 5.90% and projected annual rental income of 756,000 yen. Monthly running costs include a 2,000 yen fee for the central heating, cooling, and hot water system, which is billed to the tenant during the lease period.
The apartment is situated in the Iriya 1-chome district, a short 2-minute walk from Iriya Station on the Tokyo Metro Hibiya Line, providing excellent connectivity. The area is part of the historic Shitamachi (downtown) region of Tokyo, known for its traditional atmosphere and summer festivals. A major nearby landmark is the iconic Senso-ji Temple in Asakusa, one of Tokyo's oldest and most significant Buddhist temples, easily accessible and a major draw for both tourists and locals.
