Modern Investment Condominium in Tokyo's Itabashi Ward
This property is a well-maintained condominium unit located in the Adzukizawa 4-chome area of Itabashi Ward, Tokyo. Currently tenanted, it presents an attractive investment opportunity with a projected annual rental income of 999,000 yen and an estimated yield of 4.04%. The unit is situated on the 5th floor of a 6-story reinforced concrete (RC) building constructed in August 2017, offering security and modern amenities.
The apartment features a 1K layout with a Western-style room measuring approximately 7.3 tatami mats. The exclusive interior area is 26.7 sqm (wall-center measurement). Key equipment and features include a bidet toilet with reheating function, ample storage space, a walk-in closet, air conditioning, an indoor laundry machine space, an auto-lock building entrance, a monitor-equipped intercom, a corner unit location, and an upper-floor position. The building is equipped with an elevator and central hot water supply.
Management is fully delegated to a homeowners' association with a daytime manager. The monthly fees are 5,900 yen for management and 4,746 yen for repair reserve fund. The building has undergone a building inspection and comes with defect insurance and equipment performance guarantees. The land is designated for Quasi-Industrial use and is covered by the National Land Utilization Law.
The Adzukizawa area offers a residential atmosphere within Tokyo. An interesting local fact is that Itabashi Ward is home to the historic Nakasendo Way, an important Edo-period travel route. The closest major landmark is the Tokyo Dome City entertainment complex in neighboring Bunkyo Ward, which features an amusement park, a stadium, and shopping facilities, easily accessible via the nearby train lines.
