Spacious 3LDK Apartment in Adachi Ward with Investment Potential
This property is a well-maintained 3LDK apartment located in Adachi Ward, Tokyo. The apartment features a generous wall-core exclusive area of 70.29 sqm (approximately 21.26 tsubo), offering ample living space. It is situated on the 2nd floor of a 5-storey above-ground (with 1 basement floor) reinforced concrete (RC) building constructed in March 2004. The building comprises 47 units and is managed by Aoyama Mainland Inc. under a fully-consigned, daytime management system.
Key financial details include an asking price of 28 million yen. The property is currently tenanted, providing an estimated annual rental income of 1.32 million yen and a projected annual yield of 4.71%. Monthly running costs include a management fee of 10,740 yen and a repair reserve fund of 15,880 yen. The property comes with owner changeover planned. It includes a building inspection report, defect insurance, equipment warranty, and a performance evaluation. The land is designated as a Quasi-Industrial Zone and is covered by the National Land Use Law.
The apartment is conveniently located within walking distance of several daily amenities, including Belx Adachi Central supermarket (11m), Gyomu Super Central Honcho store (480m), and multiple convenience stores such as 7-Eleven and Lawson. Dining options like the 'Kaentei' restaurant and Sushiro are also nearby. The area is served by several train stations: Tobu Isesaki & Daishi Line's Gotanno Station (18 min walk), Tobu Isesaki & Daishi Line's Umejima Station (20 min walk), and Tsukuba Express's Aoi Station (22 min walk).
Adachi Ward is a residential area of Tokyo with a rich history of traditional festivals and crafts. A notable nearby landmark is the historic Shibamata Taishakuten Temple, located a short train ride away in Katsushika Ward. This famous temple, known for its detailed wood carvings and beautiful garden, offers a serene escape and is a popular cultural attraction.
