Spacious 1LDK Apartment in Sumida with Investment Potential
This property is a well-maintained 1LDK apartment located on the 3rd floor of an 8-story building in Sumida Ward, Tokyo. The apartment offers a comfortable living space with a total floor area of 40.2 sqm (approximately 12.16 tsubo), featuring a 6-tatami mat Western-style room and a south-facing balcony measuring 3.24 sqm, ensuring good natural light. The building itself is a sturdy SRC (steel-framed reinforced concrete) structure built in January 1988, containing a total of 13 units.
Translated agent notes on equipment and features include a system kitchen, ample storage space, air conditioning, fiber-optic internet readiness, an indoor washing machine space, flooring throughout all rooms, an auto-lock security system, fire alarms, a corner unit location, and an elevator. Special notes indicate that pets are allowed with specific rules (an additional fee of 5,000 yen per month applies for pet ownership). The property is currently tenanted, offering an estimated annual rental income of 1,320,000 yen and a projected yield of 5.07%. The transaction type is a seller's agent deal.
The apartment is situated in the lively Sumida Ward, an area rich in history and culture. It is conveniently located within an 8-minute walk from Ryogoku Station on the Toei Oedo Line and a 15-minute walk from the JR Sobu Line's Ryogoku Station. The area is famously known as the heart of sumo wrestling, home to the Ryogoku Kokugikan, the national sumo stadium where major tournaments are held. This vibrant district offers a unique blend of traditional sporting culture and modern Tokyo living, making it a fascinating place to reside or invest.