Spacious 2DK Investment Apartment in Nakano, Tokyo
This property is a 35.52 sqm (approximately 10.74 tsubo) 2DK apartment for sale, located on the 5th floor of a 7-story reinforced concrete (RC) building constructed in April 1974. The unit is currently tenanted, providing an immediate rental income stream, with projected annual revenue of 1.02 million yen and an estimated yield of 6.93%. Monthly fees include 10,900 yen for management and 5,900 yen for repair reserves. The transaction is handled as an exclusive dedicated intermediary.
Key equipment and features include an elevator in the building. Special notes indicate that the floor plan takes priority over the current condition. The property is situated in a neighborhood commercial zone and comes with defect liability insurance and performance evaluation guarantees. The management is fully outsourced with an on-site manager.
The apartment is conveniently located in Nakano Ward, a vibrant residential area known for its mix of traditional shopping streets and modern amenities. An interesting local fact is that Nakano is home to the famous Nakano Broadway, a multi-story complex that evolved from a department store into a legendary hub for anime, manga, and collectible shops, attracting otaku culture enthusiasts from around the world. The closest major landmark is the historic Meiji Jingu Shrine, a vast, serene forested shrine dedicated to Emperor Meiji and Empress Shoken, located a short train ride away.