Compact Investment Apartment in Ueno, Tokyo
This property is a compact one-room apartment for sale in the vibrant Ueno district of Tokyo. The apartment is located on the 2nd floor of an 11-story SRC (steel-reinforced concrete) building constructed in March 1983. The unit offers a private, wall-core measured area of 10.24 sqm (approximately 3.09 tsubo) and includes a 2.25 sqm balcony with a primary northern exposure.
Key features and equipment notes include a dedicated toilet with a monthly usage fee of 700 yen. The building is under full entrusted management with a daytime manager from the Nagatani Building Management Co., Ltd. The property is currently tenanted, providing an immediate rental income stream. The annual projected rental income is 624,000 yen, yielding an estimated annual return of 7.01%. The land is under an old-law leasehold with a monthly ground rent of 1,590 yen and a lease period of 30 years. The transaction method for this listing is exclusive intermediary.
The apartment is situated in a highly convenient area of Taito Ward, with excellent access to multiple train lines. It is a 5-minute walk from Suehirocho Station on the Tokyo Metro Ginza Line, a 7-minute walk from Okachimachi Station on the JR Yamanote Line, and a 7-minute walk from Akihabara Station on the Tsukuba Express line. This places residents within easy reach of central Tokyo's major business and entertainment districts.
Ueno is a fascinating area renowned for its rich blend of culture, history, and nature. It is home to Ueno Park, one of Japan's first public parks, which was established in 1873. The park itself is a major landmark, containing several of Tokyo's most important cultural institutions, including the Tokyo National Museum, the National Museum of Nature and Science, and Ueno Zoo. The area is also famous for the bustling Ameya-Yokocho market street, offering a lively shopping and dining experience. The closest major landmark from this property is the expansive Ueno Park and its world-class museum complex, providing endless cultural exploration just a short walk away.
