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¥158,000,000

2-chome Shinmei, Adachi-ku, Tokyo

東京都足立区神明2丁目

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Property Overview

This multi-family apartment building is located in the神明 (Shinmei) area of Adachi-ku, Tokyo. The property consists of a three-story steel-frame structure built in June 1988, containing a total of 13 residential units. The building sits on a 450.22 square meter plot of land with a total floor area of 627.40 square meters.

The property is situated in a neighborhood commercial zone with a building coverage ratio of 80% and a floor area ratio of 300%. The land is flat and designated as residential land. The property includes parking facilities, though the specific number of spaces is not detailed.

Regarding road access conditions, the property faces east onto a 5.5-meter-wide public road. There is no designated location specification for the access road. The property is currently tenanted and being sold as an owner-change property. The delivery date is negotiable.

The property is located approximately 22 minutes on foot from Rokucho Station on the Tsukuba Express line, 26 minutes from Kita-Ayase Station on the Tokyo Metro Chiyoda line, and 28 minutes from Yashio Station on the Tsukuba Express line. The surrounding area is a well-established residential and commercial district in Adachi-ku.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Year built: 1988
Land size: 450 / 4,846sqft
House size: 627 / 6,753sqft

Short-Term Rental (Minpaku)

Transport

HND

Haneda Airport — 28 km away

Nearby Konbini

Mini Stop Mini Stop — 5 min walk
Seven Eleven Seven Eleven — 6 min walk
Family Mart Family Mart — 7 min walk
Lawson Lawson — 7 min walk

Internet Connectivity

Natural Hazard Assessment

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Data: MLIT DisaPortal · Flood, landslide, tsunami & storm surge zones · USGS Earthquake Catalog

¥158,000,000

Estimates only. Actual costs vary by property, municipality, and transaction details.

Minpaku Legality Notice

Whether short-term rental (Airbnb/minpaku) is legally permitted at this property is unknown without due diligence. Approval depends on local zoning, municipality-specific rules, fire safety compliance, and public health office licensing — a process that typically costs ¥300,000–400,000 in administrative fees.

These figures are illustrative only and do not imply short-term rental is permitted here. Note: rentals of 30+ days generally do not require minpaku licensing.

Nightly Rate
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Expenses breakdown
Cleaning
Platform fees (3%)
Management (20%)
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Monthly equivalent

Actual revenue varies by location, property quality, season, and management. Adjust sliders to model different scenarios.

Renovation Budget
Annual Rental Income

Auto-filled from Airbnb estimate

Total Investment
Purchase price
Renovation
Transaction costs
Total investment
Annual Costs
Property tax
Insurance
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Returns
Annual yield
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5-year return
10-year return
0 yr5101520+

Estimates only. Non-resident foreign owners are subject to a 20.42% withholding tax on Japanese rental income — enable the toggle above to model this. Actual returns depend on rental demand, management quality, renovation scope, and market conditions.

2-chome Shinmei, Adachi-ku, Tokyo

東京都足立区神明2丁目

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Location Type Beds Price Land House View

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