Compact and Convenient Investment Condominium in Central Kyoto
This 1DK condominium, located in the Mibu Bōjō-chō area of Nakagyō-ku, Kyoto, presents a compact and practical living space with investment potential. The property features a total private floor area of 20 square meters (approximately 6.05 tsubo), comprising a 6-tatami mat Western-style room and a 4.5-tatami mat dining-kitchen area. Built in December 1982, the reinforced concrete (RC) building stands six stories tall, with this unit situated on the third floor. The exterior is finished with tiles, and the unit benefits from a western-facing orientation for natural light.
Key equipment and features include a gas cooktop, air conditioning, lighting fixtures, a refrigerator, a security camera, city gas, water supply, sewage, hot water supply, and a shared bath facility. Please note there is no dedicated parking, bicycle parking, or motorcycle parking space. Special notes indicate the property is not suitable for pets or office use. The annual projected rental income is 58,000 yen, with an estimated yield of 0.98%. The management fee is 5,500 yen per month, with a 2,000 yen per month repair reserve fund. The transaction is handled as a general intermediary, and the floor plan is subject to the actual current condition.
The property is situated in a highly accessible part of central Kyoto. It is within an 8-minute walk of the Keifuku Arashiyama Line's Shijō Ōmiya Station, a 9-minute walk from the Hankyu Kyoto Line's Ōmiya Station, and a 10-minute walk from the Sanin Main Line's Nijō Station. The area is a fascinating blend of traditional Kyoto and modern convenience, historically part of the Mibu district known for its samurai residences and the Mibu-dera temple, famous for its annual 'Mibu Kyōgen' performances. The closest major landmark is the majestic Nijō Castle, a UNESCO World Heritage site and a stunning example of feudal-era architecture, located just a short walk from the Nijō Station.