Compact and Convenient Investment Apartment in Ota City, Tokyo

This property is a 1K apartment located on the 2nd floor of a 7-story reinforced concrete (RC) building named "Hightown Omori Number 3203" in Ota Ward, Tokyo. The apartment offers a compact yet functional living space with a wall-core exclusive area of 16.51 sqm (approximately 4.99 tsubo), featuring a balcony of 2.86 sqm with a primary southeast-facing exposure for good natural light.

Translated from the agent's notes, the property is equipped with an IH cooking heater, ample storage space, a shoe-in closet, air conditioning, a designated washing machine space, lighting fixtures, an auto-lock building entrance, city gas, an elevator, a bicycle parking area (monthly fee of 500 yen), and a motorcycle parking space (monthly fee of 12,000 yen). A special note indicates an owner change is planned, and the property is currently tenanted. The estimated annual rental income is 900,000 yen, with a projected annual yield of 6%. The building is managed by Nippon Housing Co., Ltd.

The location is highly convenient, with Omori Station on the Keihin-Tohoku and Negishi Lines just a 5-minute walk away. Omori Kaigan Station (Keikyu Main Line) is an 11-minute walk, and Heiwajima Station (Keikyu Main Line) is a 14-minute walk. The immediate neighborhood provides all daily necessities, with supermarkets, convenience stores, restaurants, banks, and a post office all within a short walking distance.

Ota Ward is home to the historic Ikegami Honmon-ji Temple, a vast and significant temple complex founded in the 13th century by the Buddhist reformer Nichiren. The area offers a blend of residential calm and urban convenience, with excellent transport links providing easy access to central Tokyo and Yokohama.