Spacious 2LDK Apartment in Sumida with Investment Potential
This well-maintained apartment, located on the 10th floor of an 11-story building, offers a comfortable 2LDK layout with a wall-core exclusive area of 48.44 sqm (approximately 14.65 tsubo). Built in March 1991 with a sturdy SRC (steel reinforced concrete) structure, the property is currently tenanted, presenting an immediate investment opportunity with a projected annual rental income of 1.5 million yen and an estimated yield of 3.84%. The monthly fees include 15,100 yen for management and 3,020 yen for the repair reserve fund.
Translated agent notes provide essential details: The transaction form is exclusive dedicated agency. The floor plan prioritizes the current condition. The property is located in a commercial zone under the National Land Use Planning Act. The building management is fully contracted with a patrol-based superintendent system. The property comes with defect liability insurance and a performance evaluation. The delivery timing is negotiable.
The Sumida ward location is highly convenient, with excellent access to multiple train lines. The property is just a 4-minute walk from Ryogoku Station on the Toei Oedo Line, an 8-minute walk from Ryogoku Station on the JR Sobu and Chuo Local Lines, and a 9-minute walk from Morishita Station on the Toei Oedo Line. This area is steeped in history and culture, famously known as the home of sumo wrestling and the Edo-Tokyo Museum. A major landmark just minutes away is the iconic Ryogoku Kokugikan, the primary sumo wrestling stadium in Japan, where grand tournaments are held three times a year.
