Renovated 2DK Apartment with Investment Potential in Nerima, Tokyo
This property is a 2DK apartment for sale located in Nerima Ward, Tokyo. The asking price is 25,800,000 JPY. The apartment has a private floor area of 47.34 sqm (approximately 14.32 tsubo) and is situated on the 2nd floor of a 5-story reinforced concrete (RC) building constructed in December 1981. The building has a total of 30 units.
Key features and equipment include a follow-up heating function for the bath, an automatic bath system, a washbasin with a shower attachment, a system kitchen with a grill, ample storage space and closets, an indoor area for a washing machine, lighting fixtures, a monitor-equipped intercom, city gas, hot water supply, an elevator, and a paid bicycle parking area (annual fee of 2,000 JPY). There is no car parking available with this unit.
The apartment underwent a comprehensive renovation in July 2023. This included a complete renewal of the water areas (kitchen, bathroom, toilet, and washbasin) as well as interior refurbishments such as new flooring (including laminate), and re-papering of walls and ceilings in all rooms. The property is currently tenanted, with an estimated annual rental income of 1,440,000 JPY, yielding an estimated annual return of 5.58%. An owner change is planned. The management fee is 6,496 JPY per month and the repair reserve fund is 9,745 JPY per month.
The location is highly convenient, with multiple stations within walking distance: Tokyo Metro Yurakucho Line and Fukutoshin Line's Subway Narimasu Station are a 4-minute walk, and Tobu Railway's Tojo Line Narimasu Station is a 7-minute walk. The area is zoned as a Category I Medium-to-High-Rise Exclusive Residential District.
