Compact Investment Condominium in Sumida, Tokyo

This 1K apartment, located on the 5th floor of a 7-story building, offers a practical and well-equipped living space in Tokyo's Sumida ward. The property benefits from dual-aspect lighting with windows facing both west and south, ensuring a bright interior throughout the day. The unit features a compact yet functional layout with a 5.8-tatami mat Western-style room and a balcony measuring 3.27 square meters.

The building is well-appointed with modern amenities including an IH cooking heater, ample storage space, air conditioning, internet connectivity, an auto-lock security system, security cameras, hot water supply, an elevator, and dedicated parking for bicycles and motorcycles. A paid parking space is also available for 14,000 yen per month. The property is currently tenanted, providing an estimated annual rental income of 720,000 yen and a projected yield of 5.62%. An owner change is planned for the coming year.

It is important to note that the actual condition of the property takes precedence over the floor plan. The condominium was built in January 1989 and is part of a 78-unit SRC (steel-reinforced concrete) structure. Monthly fees include 5,600 yen for management and 2,240 yen for repair reserves. The total exclusive area is 18.7 square meters (approximately 5.65 tsubo), measured to the center of the walls.

The Sumida area is rich in culture and history, famously home to the Tokyo Skytree, one of the world's tallest towers and a major tourist attraction offering panoramic views of the metropolis. The property is conveniently situated within a 7-minute walk from Yahiro Station on the Keisei Oshiage Line, providing easy access to central Tokyo. The neighborhood offers daily conveniences with supermarkets and convenience stores approximately a 5-minute walk away.