Spacious 3LDK Apartment in Adachi Ward with Investment Potential
This property is a well-maintained apartment located on the 7th floor of a 10-story reinforced concrete (SRC) building in Adachi Ward's Hokima 5-chome. The unit offers a generous 60.48 sqm (approximately 18.29 tsubo) of exclusive wall-core area, configured in a functional 3LDK layout. The rooms consist of one Japanese-style room (6 tatami mats) and two Western-style rooms (6 mats and 6.3 mats). A 6.22 sqm balcony on the west side provides outdoor space and natural light.
Translated from the agent's notes, the property is equipped with a 2-burner stove, ample storage and closets, a shoe-in closet, air conditioning, internet readiness, an indoor washing machine space, lighting fixtures, city gas, hot water supply, an elevator, and a free bicycle parking area. Special notes indicate an owner change is planned for the year. The property is currently tenanted, generating an estimated annual rental income of 948,000 yen, which translates to a projected yield of 8.38%. The building itself, constructed in June 1981, has a total of 18 units and is managed by Daiwa Life Next Corporation on a fully-consigned, patrol basis. It has undergone a building confirmation inspection and comes with defect insurance and performance evaluation guarantees.
The Hokima area offers convenient daily living with several shopping options within walking distance, including a CO-OP supermarket, a Gyomu Super discount store, and a Shimamura fashion center. The neighborhood is a typical residential district of Tokyo, providing a quiet living environment while maintaining good access to urban amenities. An interesting local fact is that Adachi Ward is home to the historic Shibusawa Garden, a former villa garden of the renowned industrialist Eiichi Shibusawa, now open to the public as a cultural asset. The closest major tourist attraction is the iconic Tokyo Skytree in Sumida Ward, easily accessible via public transport, offering panoramic views of the metropolis.
