Compact Investment Apartment in Meguro, Tokyo
This property is a compact 1K apartment for sale located on the 4th floor of a 7-story reinforced concrete (RC) building in the Shimo-Meguro 6-chome district of Tokyo's Meguro Ward. The unit has a wall-core exclusive area of 16.74 sqm (approximately 5.06 tsubo) and was built in April 1986. The building is part of a small complex of 14 units and is under self-management by the owners' association with a management company providing patrol services.
According to the agent's notes, the property is currently tenanted, generating an estimated annual rental income of 816,000 yen, which translates to a projected yield of 6.04%. The transfer of ownership is planned. Key equipment and features include a laundry machine placement area and the unit is a corner room. The agent also notes that the floor plan diagram prioritizes the current condition of the property. The transaction is handled as a general intermediary.
The asking price is 13.5 million yen, with monthly management fees of 7,280 yen and a repair reserve fund of 3,930 yen. The property is conveniently located within a 15-minute walk from Gakugei Daigaku Station on the Tokyu Toyoko Line, providing direct access to Shibuya and Yokohama. The area is zoned as a neighborhood commercial district. The closest major landmark is the historic and serene Meguro River, famous for its beautiful cherry blossom trees that create a stunning tunnel of pink during spring, attracting visitors from across Tokyo.