Spacious 2K Apartment in Hino, Tokyo with Investment Potential
This property is a 33.83 sqm (approximately 10.23 tsubo) 2K apartment located on the 3rd floor of a 6-story steel-framed building constructed in June 1973. The layout consists of a 6-tatami Western-style room, a 4.5-tatami Western-style room, and a 3-tatami kitchen (K). The apartment features a 3 sqm balcony with a primary light source facing northwest. The building is equipped with an elevator (two or more units) and has a motorcycle parking area. The property is noted as an 'existing non-conforming building' and is undergoing an owner change. It is currently tenanted, offering an estimated annual rental income of 660,000 yen and a surface yield of 8.91%.
Key equipment and features include a bathroom with a window, ample storage space, CATV and CATV internet connectivity, and city gas. The management fee is 5,500 yen per month, with a repair reserve fund of 13,000 yen per month. Additional monthly costs include a 1,100 yen management association fee. The apartment is a corner unit. The transaction is handled under an exclusive intermediary agreement. Please note that the floor plan prioritizes the current condition of the property.
