Investment Opportunity in Sumida: A Well-Located 1DK Apartment Near Tokyo Skytree
This property presents a compelling investment opportunity in the vibrant Sumida Ward of Tokyo. It is a 1DK apartment located on the 3rd floor of a 5-story reinforced concrete (RC) building constructed in June 1974. The apartment offers a wall-core exclusive area of 25.2 sqm (approximately 7.62 tsubo) and features a 3.6 sqm balcony facing southwest for good natural light. The building is managed by a homeowners' association with a fully outsourced, patrol-based management system.
Key financial details include an asking price of 10.8 million yen. The property is currently tenanted, with projected annual rental income of 720,000 yen, yielding an estimated annual return of 6.66%. Monthly costs for the owner include a management fee of 8,460 yen and a repair reserve fund of 5,640 yen. There are no additional lump-sum costs for the buyer. The property is under an owner change plan. Equipment and features include city gas and a bicycle parking area (no motorcycle parking). Special notes indicate that the property is eligible for use along the railway line. Remarks clarify that the floor plan provided prioritizes the current condition of the unit.