Spacious 1LDK Apartment in Edogawa, Tokyo with Investment Potential

This property is a well-maintained 1LDK apartment located in the 5th floor of a 5-storey reinforced concrete (RC) building in Edogawa Ward, Tokyo. The apartment offers a generous wall-core exclusive area of 43.15 sqm (approximately 13.05 tsubo), complemented by a large south-facing balcony of 39.96 sqm, providing excellent natural light and outdoor space. The building was constructed in July 1986 and features a total of 39 units.

According to the agent's notes, the property is equipped with a system kitchen, a 2-burner stove, closets, an indoor washing machine space, and city gas. A special note indicates that an owner change is planned for the year. The property is currently tenanted, generating a projected annual rental income of 1,260,000 yen, which translates to an estimated yield of 5.52%. The transfer timing is negotiable. Monthly running costs include a management fee of 6,401 yen, a repair reserve fund of 8,450 yen, and a water facility usage fee of 1,033 yen.

The apartment is situated in the Kiyosumi-cho 1-chome area of Edogawa Ward. The neighborhood is conveniently served by shopping facilities like Maruetsu Kasai Clean Town Store and a Seven-Eleven convenience store. For transportation, Nishi-Kasai Station on the Tokyo Metro Tozai Line is about a 13-minute walk away, providing direct access to central Tokyo. An interesting fact about Edogawa Ward is that it is home to Kasai Rinkai Park, one of Tokyo's largest waterfront parks, featuring an aquarium, a ferris wheel, and bird sanctuary. The closest major tourist attraction is the historic Edo-Tokyo Open Air Architectural Museum in Koganei City, which is accessible via the Tozai Line and offers a fascinating glimpse into Tokyo's architectural past.