Compact Investment Apartment in Funabashi, Chiba
This studio apartment, located on the top floor of a secure condominium building in Funabashi, Chiba, offers a practical investment opportunity. The property is currently tenanted, generating a projected annual rental income of 516,000 yen and an impressive gross yield of 14.74%. The unit is a south-facing studio with a total wall-core area of 18.22 square meters (approximately 5.51 tsubo), featuring a 2.48 square meter balcony. Its position on the fourth floor of a four-story reinforced concrete (RC) structure ensures fewer disturbances from neighbors above and enhanced privacy with less foot traffic from non-residents.
Key equipment and features of the building include air conditioning, an in-unit washing machine space, an auto-lock security system, an elevator, and a bicycle parking area. The building is managed by a fully entrusted management association with a patrol-based superintendent system. The property comes with defect insurance and a performance evaluation guarantee. Please note that the floor plan provided prioritizes the current layout and condition.
