Designer Renovated Condominium in Sugamo, Tokyo

This property is a designer-specification condominium unit located on the 12th floor of a 13-story building with one basement level in Sugamo, Toshima Ward, Tokyo. The unit features a 3LDK layout with a total floor area of 68 sqm (approximately 20.57 tsubo). The building was originally constructed in February 1984, but the interior underwent a full renovation in June 2019, which included complete refurbishment of the water areas and installation of a 24-hour ventilation system.

Key equipment and features include a re-heating function for hot water, closets, air conditioning, and heating. Notably, all living rooms are equipped with air conditioning, with two or more units installed, allowing for individual temperature control in each room to prevent excessive cold or heat. The property is further characterized as a designer unit. Additional building amenities include an elevator. The property is currently tenanted, with an estimated annual rental income of 2.88 million yen and a projected yield of 2.91%. The management fee is 15,200 yen per month, with a repair reserve fund of 12,750 yen per month. There is no parking available. The transaction is handled as a general intermediary.

Sugamo is a vibrant, traditional neighborhood in Tokyo famously known as "Harajuku for the elderly" due to its popularity with older residents, yet it offers a charming mix of old and new. The area is particularly famous for the Kogan-ji Temple, commonly called "Togenuki Jizo," where visitors pray for good health and purchase lucky red underwear. The property boasts exceptional access, just a 2-minute walk from Sugamo Station, served by both the JR Yamanote Line and the Toei Mita Line, providing direct connections to major hubs like Ikebukuro, Shinjuku, and Tokyo Station.