Spacious 2LDK Apartment in Edogawa, Tokyo with Excellent Investment Potential
This property is a well-maintained 2LDK apartment located in the Green Co-op Keisei Koiwa building in Edogawa Ward, Tokyo. The apartment offers a comfortable living space with a generous wall-core exclusive area of 60.2 sqm (approximately 18.21 tsubo). A key feature is its location on the 3rd floor of a 9-story building with no building directly in front, ensuring an open view from the windows and minimizing any sense of oppression. The property is currently tenanted, presenting an attractive investment opportunity with a projected annual rental income of 1.56 million yen and an estimated yield of 5.82%.
The apartment has undergone significant renovations. In April 2019, the water areas were fully renovated, including the bathroom, toilet, washbasin area, and the replacement of the stove and an integrated water purifier faucet. Interior renovations completed at the same time feature new flooring (hardwood, etc.) and new wallpaper on all walls and ceilings throughout the entire unit.
Equipment/Features: The apartment is equipped with a heated toilet seat, bath reheating function, auto bath, bathroom dryer, system kitchen, independent kitchen type, storage space, storage in all rooms, closets, two or more air conditioners, indoor washing machine space, hardwood flooring in all rooms, lighting fixtures, monitor-equipped intercom, fire alarm (detector), city gas, water heating, elevator, and a paid bicycle parking area (monthly fee 100 yen).
Special Notes/Remarks: The transaction type is exclusive agency. The agent notes there is no building directly in front of the property. The floor plan is prioritized to reflect the actual current condition of the apartment.
The apartment is situated in the vibrant Edogawa Ward, known for its balance of residential calm and convenient city access. An interesting local fact is that the ward is home to the historic Gyosen Park, which was originally part of a feudal lord's garden during the Edo period and features a large, picturesque pond. The area is exceptionally well-connected, with the property being just a 1-minute walk from Keisei Koiwa Station on the Keisei Main Line, providing direct access to central Tokyo and Narita Airport.
