Property Overview: Suginami Ward Condominium
This condominium unit, built in November 1991, is located in the Horinouchi 3-chome area of Suginami Ward, Tokyo. The property is situated on the second floor of a four-story reinforced concrete building, a construction method known for its durability and sound insulation properties. The unit offers a compact living space with a floor area of 16.96 square meters, arranged in a 1K layout, which typically includes a single room combined with a separate kitchen area.
The property is equipped with an air conditioner for climate control. An elevator provides access to the upper floors of the building. Inside the unit, there is a designated space for an indoor washing machine, as well as storage space. For residents with bicycles, there is a bicycle parking area available. The building has a total of 47 units and is managed by Tetsu Community Life Co., Ltd. with a daily management presence.
Monthly costs for the property include a management fee of 5,340 yen and a reserve fund for repairs of 7,700 yen. A notable point from the agent's notes is a monthly hot water supply basic fee of 2,500 yen, which is borne by the tenant. The property is currently tenanted and is being sold as an owner-change (investor) opportunity. The land ownership is freehold. The property is located in a Category 1 residential zone.