Well-Maintained Investment Condominium in Itabashi, Tokyo
This one-room apartment, located in the Oyanokuchi-Kamicho district of Itabashi Ward, Tokyo, presents an excellent investment opportunity. The property is currently tenanted, offering a projected annual rental income of 960,000 yen and an estimated yield of 4.8%. It is an owner-change property, meaning the current owner is selling the unit.
The building is a robust 4-story (plus 1 basement) reinforced concrete (RC) structure built in July 2011. The unit itself is on the 2nd floor, with a private wall-core area of 26.47 sqm (approximately 8 tsubo), laid out as a single room with an 8.4-tatami mat Western-style room. It features a balcony of 2.72 sqm. The building is well-equipped with amenities including an auto-lock security system, elevator, delivery box, free bicycle parking, bathroom dryer, 2-burner stove, CATV and internet readiness, monitor intercom, double-lock door, dimple key, and more. The management is fully delegated to a professional company, S-nen Axia Inc., with a巡回 (rotating) superintendent system.
The location offers excellent access to central Tokyo. It is approximately a 14-minute walk to Nakaitabashi Station on the Tobu Tojo Line, a 15-minute walk to Oyama Station on the same line, and about a 22-minute walk to Kotake-Mukaihara Station on the Seibu Yurakucho Line, providing a door-to-door commute to the bustling Ikebukuro area in around 20 minutes. The property is situated in a Category I Medium-to-High-Rise Residential Exclusive zone.
The area of Itabashi is a vibrant residential ward in northern Tokyo, known for its blend of traditional shopping streets and modern convenience. An interesting local fact is that Itabashi is home to the historic Itabashi Fudoson Temple, a significant cultural site. For recreation and tourism, residents are within easy reach of the iconic Tokyo Dome City complex in neighboring Bunkyo Ward, which features amusement rides, a spa, shopping, and concert venues.
