Compact Investment Apartment in Tokyo's Historic Bunkyo Ward
This studio apartment presents a compact yet well-located investment opportunity in the heart of Tokyo's Bunkyo Ward. Priced at 13.5 million yen, the property offers a dedicated floor area of 16.3 square meters (approximately 4.93 tsubo) and is situated on the 1st floor of an 8-story steel-reinforced concrete (SRC) building constructed in December 1981. The unit is currently tenanted, providing an immediate income stream with a projected annual rental income of 608,400 yen and an estimated gross yield of 4.51%. Monthly running costs include a management fee of 4,050 yen and a repair reserve fund contribution of 3,680 yen.
According to the agent's notes, the management is self-managed with a巡回管理会社 (rotating/patrol management company). The property comes with瑕疵保証 (defect liability insurance) and設備保証 (equipment warranty). The transaction is handled directly by the seller. The floor plan should be considered indicative, with the actual current condition taking precedence.
The location is highly convenient, with multiple train stations within easy walking distance. Komagome Station on the JR Yamanote Line is a 5-minute walk away, while Komagome Station on the Tokyo Metro Namboku Line is just 4 minutes on foot. Sengoku Station on the Toei Mita Line is also accessible within a 10-minute walk. The area is zoned as a commercial district. Bunkyo Ward is known for its rich cultural history, being home to several prestigious universities and the beautiful Rikugien Garden, a traditional Japanese landscape garden from the Edo period that is a major tourist attraction and a perfect spot for seasonal viewing, especially during the autumn foliage season.
