Compact Investment Apartment in Tokyo's Minami-Nagasaki
This property is a one-room apartment for sale in Minami-Nagasaki 2-chome, Toshima Ward, Tokyo. The apartment is situated on the 1st floor of a 5-storey SRC (steel-framed reinforced concrete) building constructed in June 1970. The unit offers a private, wall-core area of 23.26 sqm (approximately 7.03 tsubo). The monthly running costs include a management fee of 1,500 yen and a repair reserve fund of 6,500 yen. The property is currently tenanted, generating a projected annual rental income of 756,000 yen, which translates to an estimated yield of 6.87%. The transfer timing is negotiable. The building is under self-management with a resident manager and a management association. The property includes a defect insurance guarantee and a performance evaluation. The land is designated as a neighborhood commercial area (Category I Medium-to-High-Rise Exclusive Residential Zone).
