Income-Generating Property in Higashi-Shinkoiwa
Located in the vibrant district of Katsushika, this investment opportunity presents a traditional two-story wooden house with excellent rental yield potential. Built in 1980, the property offers 62.83 square meters of living space featuring a practical 3DK layout with three 6-tatami rooms, making it an attractive option for tenants seeking comfortable living arrangements.
Currently tenanted with an impressive 12% yield, this property represents a compelling investment in Tokyo's growing rental market. The house sits on a 50.45 square meter plot and is conveniently positioned just 15 minutes on foot from Shinkoiwa Station on the Sobu Main Line, offering easy access to central Tokyo.
While the structure requires consideration of its leasehold status and rebuilding restrictions, its established rental history and stable income stream make it an interesting proposition for investors looking to enter the Tokyo residential market. The property includes separate bathroom and toilet facilities, city gas, and hot water systems, ensuring comfortable living conditions for tenants.
