Compact Investment Apartment Steps from Kyoto's Historic Shrines
This 1K apartment offers a prime location in Kyoto's historic Kamigyo Ward, just a 3-minute walk from the renowned Kitano Tenmangu Shrine and a 5-minute walk to Hirano Shrine. Situated on the top (4th) floor of a secure, auto-lock building, the unit provides peace of mind and a quiet living environment. The property features an in-unit washing machine space and convenient storage areas.
Key equipment and features translated from the agent notes include: storage space, indoor washing machine placement, auto-lock system, top-floor unit, city gas, and available bicycle parking. Special notes indicate the annual fixed asset tax and city planning tax for fiscal year Reiwa 6 is 25,816 yen, and the seller does not bear liability for contract non-conformities.
As a solid investment, the apartment is currently tenanted, generating an annual projected rental income of 396,000 yen and offering a projected yield of 7.33%. The reinforced concrete (RC) building, constructed in July 1988, includes 54 units total and is managed by Tokyu Community Co., Ltd. The unit's private wall-core area is 18.2 sqm (approximately 5.5 tsubo), with a 6.4-tatami mat Western-style room and a west-facing balcony.
The surrounding area of Kamigyo Ward is steeped in history, once the site of the imperial palace during the Heian period. Beyond the nearby shrines, the neighborhood offers convenient daily shopping. A major landmark in the wider area is the iconic Kinkaku-ji Temple (the Golden Pavilion), a UNESCO World Heritage site located a short drive or bus ride away, famous for its stunning gold-leaf coating set beside a reflective pond.
