Compact Investment Apartment in Tokyo's Historic Asakusa Area
This 1K apartment, located in the vibrant Taito Ward of Tokyo, offers a compact yet well-equipped living space with a strong investment profile. Priced at 11.5 million yen, the property boasts a recent comprehensive renovation of its key systems. The water facilities were fully updated in September 2022, including a new kitchen, replacement of water supply and drainage pipes, a new washing machine, a new IH cooking heater, and new lighting switches. Further updates were completed in February 2025 with the replacement of the bathroom and ventilation fan.
The apartment features a dedicated toilet, a shower room, a washbasin, an IH cooking heater, air conditioning, a BS terminal, internet connectivity, lighting fixtures, a washer-dryer, an auto-lock entry system, a monitor-equipped intercom, security cameras, and a fire alarm. It is a corner unit with two-sided lighting. The building provides city gas, water supply, sewerage, hot water, an elevator, and free bicycle and motorbike parking. The balcony is a two-sided, 1.41 sqm space with a primary western exposure. Please note that pets and office use are not permitted, and minpaku (private lodging) and dormitory use are prohibited.
The property is situated in a commercial zone and is currently tenanted, generating a projected annual rental income of 684,000 yen and an estimated yield of 6.10%. The building itself is a 9-story SRC structure built in December 1991, with the apartment located on the 5th floor. The unit has a wall-core exclusive area of 16.23 sqm (approximately 4.9 tsubo). Monthly fees include 7,890 yen for management and 7,990 yen for repair reserve funds.
The location in Taito Ward's Senzoku area places residents within easy reach of the historic and cultural heart of Tokyo. The area is famously home to Senso-ji Temple, Tokyo's oldest temple, drawing millions of visitors annually to its bustling Nakamise shopping street and iconic Kaminarimon gate. The apartment is within a short walk of several train stations, including Iriya Station on the Tokyo Metro Hibiya Line (7 minutes on foot), providing excellent access to the rest of the metropolis.
