Nakano Investment Gem: Studio with Immediate Yield
Discover a smart investment opportunity or a convenient urban base in one of Tokyo’s most sought-after areas. Located at 5-chōme-5-13 Arai, Nakano City, this compact 1st-floor studio apartment offers incredible value and connectivity.
Priced at USD 62,300 (all purchase costs included), this property presents an accessible entry point into the Tokyo real estate market. Monthly costs include a management fee of ¥5,000 and a renovation fund contribution, currently ¥5,100, scheduled to change to ¥6,600 from October this year.
For investors, this is an “Owner Change” property, meaning it comes with a tenant already in place, providing immediate rental income. The current annual income is ¥588,000, resulting in an attractive surface yield of approximately 6.76%. Located in a popular rental area with exceptional transport links, demand for rental properties like this remains strong.
Residents will appreciate the unbeatable access to major transportation hubs. The property is just a 5-minute walk from Seibu Shinjuku Line’s Arai Yakushi-mae Station, and only a 12-minute walk to the major hub of Nakano Station, served by the JR Chuo/Sobu Line and the Tokyo Metro Tozai Line. From Nakano Station, you have direct access to key destinations like Shinjuku, Tokyo, and beyond, making commuting effortless.
The location in Nakano City offers more than just connectivity. It places you within easy reach of many of Tokyo’s vibrant districts and attractions. By car, you can reach areas like Shinjuku (approx. 15-20 mins drive), Shibuya (approx. 25-35 mins drive), Harajuku (approx. 20-30 mins drive), and even central areas like Tokyo Station (approx. 30-40 mins drive) and Tokyo Tower (approx. 30-40 mins drive) typically within a 45-minute drive, depending on traffic. Closer to home, the famous Nakano Broadway, a unique shopping and cultural complex, is within walking distance of Nakano Station. While there are no World Heritage sites within a 45-minute drive, the proximity to major commercial, entertainment, and business centers ensures both a dynamic lifestyle for residents and a wide pool of potential tenants for investors. Public facilities and conveniences are abundant in the surrounding Nakano area, known for its lively atmosphere and local charm.
The property itself is a 1st-floor studio (One Room) unit with a floor area of 11.58 m² (125 ft²). Constructed in March 1985 using steel reinforced concrete, the building is structurally sound. The unit benefits from a South/Southwest orientation, allowing for good natural light. Basic utilities such as City Gas, Public Water, and Public Sewage are connected. The building entrance features a camera for added security. While specific interior features are not detailed in the provided information, the property is currently rented, indicating it is equipped for comfortable, basic living suitable for a single occupant.
Whether you are an investor seeking a property with immediate income and strong rental demand in a prime location, or an individual looking for an affordable and highly convenient base to explore and live in Tokyo, this studio in Nakano’s Arai district offers a compelling opportunity.
Description:
This is a studio apartment ("One Room") with a total floor area of 11.50 m² (approx. 125 sq ft). The layout features an entrance leading to a compact area with a washbasin and space likely for a washing machine. Adjacent is a combined bathroom with a unit bath (including a bathtub, toilet, and sink). The main living and sleeping area, labeled as "Room," is a single space that connects directly to a Terrace located on the South/Southwest side of the unit.
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