Compact Investment Condominium in Tokyo's Historic Asakusa District
This property is a 1K layout condominium for sale, located on the 7th floor of an 8-story SRC (steel-framed reinforced concrete) building constructed in May 1992. The unit has a wall-core exclusive area of 17.79 sqm (approximately 5.38 tsubo) and includes a 3.9 sqm balcony with eastern exposure. The monthly management fee is 8,360 yen and the repair reserve fund is 5,220 yen. The building is equipped with an auto-lock system, security cameras, an elevator, and a washing machine placement area inside the unit. The property is currently tenanted, with an estimated annual rental income of 924,000 yen and a projected annual yield of 5.34%. The management is fully entrusted to a巡回 (rotating) system with a management union, handled by Nihon Kanzai Co., Ltd. Special notes indicate an owner change is planned for the year. The transaction is handled by the seller's agent.
The apartment is situated in the bustling Asakusa 3-chome area of Taito Ward, Tokyo, a district famed for its traditional atmosphere and status as a major tourist destination. The location offers excellent access via multiple train lines, being an 8-minute walk from Tokyo Metro Ginza Line Asakusa Station, Tobu Isesaki/Master Line Asakusa Station, and the Tsukuba Express Asakusa Station. The area is filled with various commercial facilities, catering to both residents and the many visitors drawn to its historic charm.
Asakusa is the heart of Tokyo's old downtown, home to the iconic Senso-ji Temple, Tokyo's oldest temple, which draws millions of visitors annually. The surrounding streets are lined with shops selling traditional crafts and snacks, leading to the vibrant Nakamise shopping street. The area provides a unique living experience where traditional festivals, rickshaws, and historic ambiance coexist with modern convenience, all within easy reach of central Tokyo.
