Investment Apartment Building in Edogawa-ku, Tokyo
This is a three-story steel-framed apartment building located in the Nishikomatsugawa area of Edogawa-ku, Tokyo. The property sits on a land area of 116.42 square meters and offers a total building floor area of 180.18 square meters. Constructed in November 1989, the building is classified as a steel structure and is situated on a south-facing road with a width of 5.4 meters.
The property is currently an owner-change (owner-change) investment opportunity. It is fully occupied, with all nine units currently tenanted as of April 6, 2026. The gross yield when fully occupied is projected at 7.55%, with an estimated annual income of 5,340,000 yen. The property includes a rent roll and design drawings. Please note that a planned road is located nearby. The estimated annual income is based on a fully occupied scenario and does not deduct taxes, land rent, or other necessary maintenance costs. As this is an owner-change property, the existing lease agreements must be assumed by the new owner.
The building is classified under the first type of residential zone with a building coverage ratio of 60% and a floor area ratio of 300%. The land is owned outright (freehold). The property is conveniently located near major transport links, including a 32-minute walk from Shin-Koiwa Station on the Sobu Main Line and a 26-minute walk from Funabori Station on the Toei Shinjuku Line.
