Price

¥16800000

Construction Year

1980

Building Area

20.11

Land Area

None

Address

Nishi-Shinjuku 3-chome, Shinjuku-ku, Tokyo

Description

This 20.11 square meter condo is a 1-bedroom, 1-bathroom unit located a 7-minute walk from Tochomae Station on the Oedo Line. The building is 11 stories tall and is 43 years old. It is made of reinforced concrete and has a monthly management fee of ¥5,690 and a monthly repair reserve fund of ¥6,580. The current owner is receiving ¥70,000 per month in rent, resulting in an annual rent of ¥840,000 and a 5.00% annual yield.

Area Information

Nestled in the heart of Shinjuku-ku, Nishi-Shinjuku is a vibrant neighborhood known for its towering skyscrapers, bustling shopping streets, and world-class entertainment. With its convenient access to Shinjuku Station, one of the busiest transportation hubs in the world, residents enjoy seamless connectivity to all corners of Tokyo and beyond.