Modern Investment Apartment in Tokyo's Sumida Ward
This property is a well-maintained one-room apartment located on the 4th floor of an 8-story reinforced concrete (RC) building constructed in February 2019. The unit offers a compact yet functional living space with a wall-core exclusive area of 25.66 sqm (approximately 7.76 tsubo) and features a 2.6 sqm south-facing balcony, ensuring good natural light. The building is equipped with essential amenities including an elevator, a delivery box, and dedicated parking spaces for bicycles and motorcycles. The property utilizes propane gas.
Currently tenanted, this apartment presents a solid investment opportunity with an estimated annual rental income of 1,166,400 yen and a projected yield of 3.76%. The management is fully entrusted to a professional company, Beltex Inc., which conducts regular patrols. The building has undergone a property inspection and comes with defect insurance and a performance evaluation for added peace of mind. The transaction is handled as an exclusive intermediary. Please note that the floor plan prioritizes the current condition of the property.
The apartment is situated in the Sumida Ward's Kikukawa 1-chome district, a short 9-minute walk from Morishita Station on the Toei Oedo Line, providing excellent access to central Tokyo. The area is designated as a Quasi-Industrial Zone. An interesting local fact is that Sumida Ward is home to the iconic Tokyo Skytree, one of the tallest structures in the world. The closest major landmark is the historic Ryogoku Kokugikan, the premier sumo wrestling arena in Japan, located just a short distance away.
