Renovated Studio Apartment in Vibrant Sugamo, Tokyo
This studio apartment, located in the heart of Tokyo's Sugamo district, offers a convenient and comfortable urban lifestyle. The property is a renovated unit within the 'Sugamo Samariya Mansion' building, featuring a full interior refurbishment completed in January 2022. This comprehensive renovation includes the kitchen, bathroom, toilet, washbasin area, and all interior surfaces (floors, walls, ceilings, and fittings), giving the apartment a fresh feel that belies its 1982 construction date.
The apartment boasts a practical layout with a dedicated entrance area and storage space. It includes a balcony of approximately 3 square meters. The building itself is an 11-story (plus one basement floor) SRC (steel-reinforced concrete) structure, with this unit situated on the 4th floor. Management is fully delegated to a professional company with a巡回 (rotating) caretaker system. The property is currently tenanted, generating an estimated annual rental income of 1,032,000 yen, with an expected yield of 2.59%.
Sugamo is a famously lively neighborhood, often nicknamed "Harajuku for Grandmas" due to its popularity with older shoppers, particularly along the Jizo-dori shopping street. It's a charming area known for its traditional atmosphere, red underwear (believed to bring luck and health), and the iconic Kogan-ji Temple, commonly called the "Togenuki Jizo," which is a major spiritual landmark drawing visitors seeking blessings for good health. The apartment's location is exceptionally convenient, just a 4-minute walk from Sugamo Station on the JR Yamanote Line, providing direct access to major hubs like Ikebukuro, Ueno, and Tokyo Station.
