Investment-Grade Condominium in Komae, Tokyo

This is a 2DK condominium unit located in Komae City, Tokyo, offering a solid investment opportunity with immediate rental income. The property is currently tenanted, providing stable and predictable returns from day one. The building is an 8-story reinforced concrete (RC) structure, with this unit situated on the 2nd floor. It was built in May 1973 and features a total floor area of 48.02 sqm (approximately 14.52 tsubo). The layout includes a 6-tatami Western-style room, a 6.5-tatami Western-style room, and a 6-tatami Dining Kitchen (DK). A notable feature is that all rooms have windows, and it is a corner unit, offering good natural light from the southeast.

Key equipment and features of the property include ample storage space, closets in all rooms, internet connectivity, an indoor space for a washing machine, city gas, hot water supply, an elevator, a bicycle parking area (annual fee of 5,760 yen), and a motorcycle parking area (annual fee of 10,800 yen). Special notes clarify the parking fees: bicycle parking is 2,400 yen per year for children's bikes and 5,760 yen for adult bikes. Motorcycle parking is 8,400 yen per year for under 50cc and 10,800 yen for larger bikes. The building completed a major renovation in January 2024 (Reiwa 6), which included exterior wall painting and replacement of common area hallway flooring. Small dogs and cats are permitted with prior consultation (pet-friendly).

The property is positioned as an ideal entry into real estate investment. For first-time landlords, the listing agent offers to arrange for a management company to handle the tenant portion. The annual projected rental income is 1,080,000 yen, yielding an estimated 5% return. The monthly common fees are 8,250 yen for management and 15,000 yen for the repair reserve fund.