Monarch Tabata 102: A Well-Maintained Investment Apartment in Arakawa, Tokyo
This property is a one-room apartment for sale located on the 1st floor of the 11-story Monarch Tabata building in Higashi-Ogu, Arakawa Ward, Tokyo. The apartment offers a wall-core exclusive area of 30.27 sqm (approximately 9.15 tsubo). The building was constructed in December 1986 by the reputable Shimizu Corporation and features a sturdy SRC (steel-framed reinforced concrete) structure. The property is currently tenanted, providing an immediate rental income stream, with an estimated annual gross yield of approximately 7.12%.
Key financial details include an asking price of 19.8 million JPY, with monthly management fees of 13,470 JPY and a repair reserve fund of 9,140 JPY. Parking is available for an additional 20,000 JPY per month. The building is managed by Heiwa Service Co., Ltd., under a fully outsourced management system with a management association in place. The property has undergone an owner change. The transaction method is direct from the seller.
The location offers excellent accessibility with three stations within an 11-minute walk or less: Nishi-Nippori Station and Tabata Station on the JR Yamanote Line, and Akado Shogakko-mae Station on the Nippori-Toneri Liner. The immediate neighborhood is well-serviced with daily conveniences, including an Energy Super Tajima Tabata supermarket (29m), a Mizuho Bank branch (50m), a FamilyMart convenience store (83m), and a Maibasuketto grocery store (55m).
The Arakawa area is known for its quieter, residential atmosphere within bustling Tokyo. An interesting local fact is that the nearby Sumida River, which forms part of Arakawa's western border, is famous for its spectacular cherry blossoms in spring. The area is also within easy reach of major cultural sites. The closest major landmark is the historic Senso-ji Temple in Asakusa, one of Tokyo's oldest and most significant Buddhist temples, easily accessible via the nearby train lines.
