Compact Investment Apartment in Katsushika, Tokyo
This property is a studio apartment (one-room) located on the 1st floor of a 4-story reinforced concrete (RC) apartment building in Okudo, Katsushika Ward, Tokyo. The unit has a wall-core exclusive area of 16.02 sqm (approximately 4.84 tsubo) and was built in November 1987. The building is managed by Taisei Yuraku Real Estate Co., Ltd. under a fully outsourced, patrol-based management system.
The property is currently tenanted, offering an immediate investment opportunity. The estimated annual rental income is 584,400 yen, projecting a gross yield of 9.42%. The transfer timing is negotiable. The apartment comes equipped with an IH cooking heater, air conditioning, and an indoor space for a washing machine. The transaction is handled as an exclusive intermediary. Please note that the floor plan prioritizes the current condition of the property.
Okudo is a residential neighborhood in Tokyo's Katsushika Ward, known for its local shopping streets and community atmosphere. An interesting historical fact is that the area was once part of the extensive moat and canal system of the Edo period, remnants of which can still be found in the broader Katsushika area. The closest major landmark is the historic Shibamata Taishakuten Temple, a famous Buddhist temple renowned for its detailed wood carvings and tranquil garden, located a short drive or train ride away.
