Spacious 2DK Apartment in Historic Kamigyo Ward, Kyoto
This well-maintained 2DK apartment, located in the serene Kamigyo Ward of Kyoto, offers a comfortable living space with a total floor area of 37.80 square meters (approximately 11.43 tsubo). Situated on the second floor of a five-story building, the unit is a southeast corner room, ensuring excellent natural light from the south. The layout comprises a 6-tatami mat Japanese-style room, a 4-tatami mat Western-style room, and a 7-tatami mat dining-kitchen area. A 5-square-meter balcony provides additional outdoor space.
Key equipment and features include a separate bath and toilet, shower, capability for a gas stove, city gas, water supply, sewerage, hot water supply, an elevator, a bicycle parking area (monthly fee of 1,000 yen), and a motorcycle parking space (monthly fee of 3,000 yen). The building is a steel-reinforced concrete (SRC) structure built in May 1973, with a total of 26 units. It is under self-management by the management association without a resident superintendent. The property is currently tenanted, generating an estimated annual rental income of 648,000 yen, with a projected yield of 9.67%. The lease is on a two-year renewal cycle with a renewal fee equivalent to two months' rent.
The apartment is conveniently located just a 5-minute walk from the Senbon Nakatsuai bus stop and approximately a 13-minute walk from Kitano Hakubaicho Station on the Keifuku Kitano Line. The vibrant Senbon Nakatsuai shopping street is nearby, and a park to the south enhances the pleasant living environment. The area is rich in history, being part of Kyoto's former upper city where many aristocrats and samurai once resided. A major landmark nearby is the iconic Kinkaku-ji Temple (the Golden Pavilion), a UNESCO World Heritage site renowned for its stunning gold-leaf coating and beautiful garden, located within a short distance from the property.