Spacious 1LDK Apartment in Shinagawa, Tokyo with Full Renovation and Investment Potential
This property is a well-maintained 1LDK apartment located in the vibrant Oi 4-chome district of Shinagawa Ward, Tokyo. The apartment features a total floor area of 35.64 sqm (approximately 10.78 tsubo) with a layout comprising a 12-tatami mat LDK (Living-Dining-Kitchen) space and a separate 4-tatami mat Western-style room. It is situated on the 3rd floor of an 8-story reinforced concrete (RC) building constructed in December 1977. A key highlight is the full interior renovation completed in May 2019, ensuring modern living standards.
The apartment is equipped with numerous amenities for comfortable living. These include a system kitchen with a 2-burner stove and water purifier, a bathroom with auto-fill and bath reheating functions, a shower-equipped vanity, and a bathroom dryer. The unit features flooring throughout all rooms, ample storage including a walk-in closet, and an in-unit laundry space. It is a corner unit with windows on two sides, providing excellent natural light. The building is equipped with an elevator and allows for trash disposal at any time. Utilities are supplied by city gas, and the property is compatible with CATV and internet services.
From an investment perspective, the property is currently tenanted with a planned annual rental income of 1.62 million yen, offering a projected gross yield of 5.43%. The building management is fully delegated to a professional company, and the condominium has a homeowners' association. Important documentation includes a Flat 35 suitability certificate and a building inspection report dated November 15, 2020.