Spacious Modern Apartment with Investment Potential in Tokyo's Koto Ward
This well-appointed apartment, located in the vibrant Koto Ward of Tokyo, offers a comfortable and convenient lifestyle with the added benefit of investment income. The property is currently tenanted, generating a projected annual rental income of 2,964,000 yen, which translates to an attractive yield of approximately 3.11%. The unit is situated on the 5th floor of a modern 13-story reinforced concrete (RC) building constructed in November 2016 by Taisei Corporation, ensuring contemporary standards of safety and durability.
The apartment features a generous 63.92 sqm (approximately 19.33 tsubo) of wall-core measured floor space with a functional 2SLDK layout, ideal for small families or couples. A notable 11.04 sqm balcony facing southwest provides ample outdoor space and excellent natural light. The property is equipped with a comprehensive range of modern amenities for a comfortable living experience. These include a system kitchen, dishwasher/dryer, heated toilet seat with bidet function, bath reheating system, bathroom dryer, air conditioning, underfloor heating, and a 24-hour ventilation system. Storage is well-catered for with closets and a shoe-in closet. Building-wide features enhance security and convenience, such as an auto-lock entry system with monitor, a 24-hour security system, elevator, parcel delivery boxes, and the ability to take out garbage at any time.
Special notes from the agent indicate that an owner change is in progress and that pets are negotiable (ペット相談可), making this a pet-friendly option. The building is managed by Sumitomo Realty & Building Co., Ltd. under a full委托, daytime management system and includes defect insurance and performance evaluation for added peace of mind.
The location is exceptionally convenient, with Morishita Station on the Toei Oedo Line and Toei Shinjuku Line just a 4-minute walk away, and Ryogoku Station on the JR Sobu and Chuo Local Lines within a 12-minute walk. This connectivity makes commuting and exploring Tokyo effortless. The area around Morishita and Kiyosumi Shirakawa is known for its blend of traditional shitamachi atmosphere and modern cafes. A fascinating local fact is that the nearby Kiyosumi Garden is a stunning traditional Japanese landscape garden created in the Meiji era by a wealthy merchant, featuring stepping stones gathered from across Japan. The area is also a short distance from the iconic Ryogoku Kokugikan, the heart of sumo wrestling, and the Edo-Tokyo Museum, offering deep dives into the city's history.
