Investment Opportunity: Spacious 2LDK Apartment Near Toshimaen Station

This property presents a compelling investment opportunity in Tokyo's Nerima Ward. Currently tenanted, this owner-change apartment offers a stable rental income with a projected annual yield of 5.32%. The apartment is a spacious 2LDK layout with a dedicated floor area of 45.93 sqm (approximately 13.89 tsubo), featuring two Western-style rooms (5.2-tatami and 4.5-tatami) and a combined living-dining-kitchen area of 10-tatami.

Translated from the agent's notes, the property is equipped with a system kitchen, a 3-burner stove, and flooring throughout all rooms. The building amenities include an elevator and a free bicycle parking area. Special features highlight excellent dual-aspect lighting, good sunlight exposure, and excellent ventilation. The location offers convenient access to two train lines. Additional remarks confirm the current monthly rent is 110,000 yen, the tenant is enrolled with a comprehensive guarantee company (Zenhoren), and the combined fixed asset tax and city planning tax total 50,860 yen. The existing lease agreement commenced on August 29, 2023, for a two-year term.

The apartment is situated in the Toshimaen Family Mansion, a reinforced concrete (RC) building constructed in January 1976. It is located on the 4th floor of a 6-story structure. The monthly management fee is 8,000 yen, with a repair reserve fund of 9,800 yen.

The location in Nerima's Harumicho 1-chome is highly convenient, just a 7-minute walk from Toshimaen Station. This station provides access to both the Seibu Ikebukuro Line and the Toei Oedo Line, making commutes to Ikebukuro and other major hubs straightforward. The area is notably home to the famous Toshimaen amusement park, a historic leisure destination that has been entertaining families for generations, adding to the neighborhood's vibrant character.