Modern Investment Apartment in Tokyo's Ota Ward
This property is a 1K apartment located on the 5th floor of a 6-story reinforced concrete (RC) building constructed in December 2020. The unit has a private floor area of 25.79 sqm (approximately 7.8 tsubo) and features a balcony of 3 sqm. The apartment is currently tenanted, generating a projected annual rental income of 1,083,240 yen, which translates to an estimated yield of 4.19%. The sale price is 25,800,000 yen, with monthly management fees of 5,500 yen and a repair reserve fund of 3,870 yen. Additional running costs include an internet usage fee of 770 yen per month.
The property comes with a comprehensive range of equipment and features. These include a bidet toilet, system kitchen, 2-burner stove, ample storage space and closets, air conditioning, BS and CS antenna terminals, internet connectivity, an indoor washing machine space, flooring throughout all rooms, an auto-lock building entrance, a monitor-equipped auto-lock intercom, city gas, hot water supply, an elevator, a parcel delivery box, a bicycle parking area (150 yen/month), and a motorbike parking space (3,000 yen/month).
Special notes indicate this is an IT-heavy document correspondence property, situated in a quiet residential neighborhood with an exterior finished in tiles. The property is under a sub-lease contract. It's important to note that the projected rental income and yield are not guaranteed for the future. The yield calculation is a simple yield based on annual rental income divided by the sale price and does not deduct taxes or maintenance expenses.