Spacious 2LDK Apartment in Koto Ward with Investment Potential

This well-maintained apartment, located in the vibrant Koto Ward of Tokyo, offers a comfortable living space with a practical layout. The property features a 2LDK configuration with a Japanese-style room of 6 tatami mats, a Western-style room of 4.5 tatami mats, and a combined living-dining-kitchen area of 12 tatami mats. The primary living spaces benefit from a south-facing orientation, ensuring ample natural light. The unit includes a dedicated balcony and comes with essential amenities such as a bidet toilet with reheating function, built-in storage in all rooms, air conditioning, an indoor laundry space, and an automatic locking system for security.

This is an owner-change property, presenting a turnkey investment opportunity. It is currently tenanted with a scheduled annual rental income of 1,560,000 yen, yielding an estimated annual return of 4.72%. The building itself is a robust 9-story SRC (steel-reinforced concrete) structure built in June 1975. It offers excellent management with a resident superintendent and a fully entrusted management association. Building facilities include an elevator, a bicycle parking area (annual fee 2,400 yen), and a motorcycle parking space (annual fee 7,500 yen). Additional security features comprise a monitor-equipped intercom, a double-lock door, and a dimple key system.

The apartment is situated in a highly accessible area of Koto Ward. It is just a 6-minute walk from Toyocho Station on the Tokyo Metro Tozai Line and a 10-minute walk from Kiba Station on the same line, providing direct access to central Tokyo. The neighborhood is part of the larger Tokyo Bay area, known for its modern residential developments and extensive canal networks, a legacy of its historical role as a key freight transport hub. A major landmark nearby is the Museum of Contemporary Art Tokyo (MOT), a premier institution for modern art in Japan, located just a short distance away in Kiba Park.