Compact Investment Apartment in Tokyo's Sumida Ward
This property is a studio apartment (one-room) located on the 7th floor of an 11-story reinforced concrete (RC) building with one basement level, constructed in December 1989. The unit offers a wall-core exclusive area of 16.80 sqm (approximately 5.08 tsubo) with a north-facing primary exposure. The building is managed by Nisshin Management Co., Ltd. under a full-consignment, daytime management system and features 57 units in total.
Key equipment and features include storage space, city gas, a shared toilet, a shared bath, an elevator, and a motorcycle parking area (no car parking). Special notes indicate that an owner change is possible, pets are negotiable, and the property cannot be used for office purposes. The property is currently tenanted, generating a projected annual rental income of 732,000 yen, which translates to a yield of approximately 5.72%. The monthly costs include a 7,300 yen management fee and a 4,890 yen repair reserve fund. A repair reserve fund of 38,370,916 yen exists for the building. The transaction is handled as a general intermediary.
The apartment is situated in the Sumida Ward's Kyobashi 4-chome district, a vibrant commercial area. It is conveniently within an 8-minute walk from Kinshicho Station, served by the Sobu and Chuo lines, and a 10-minute walk from Sumiyoshi Station on the Shinjuku Line. This provides excellent access to central Tokyo. The area is known for its mix of traditional shitamachi (downtown) culture and modern development. A notable nearby landmark is the Tokyo Skytree, one of the world's tallest towers and a major tourist attraction offering panoramic views, shopping, and dining, located just a short train ride away from Kinshicho Station.