Modern Apartment in Adachi Ward with Investment Potential
This well-maintained apartment, located on the 13th floor of a 15-story building constructed in August 2006 by Matsui Construction Corporation, offers a comfortable 2SLDK layout with a wall-core exclusive area of 72.77 sqm (approximately 22.01 tsubo). The unit features a Japanese-style room (6 tatami mats), a Western-style room (6.1 mats), an LDK area (13.6 mats), and a service room (5 mats), complemented by an 11.43 sqm south-facing balcony. The property is currently tenanted, providing an estimated annual rental income of 2.64 million yen and a projected yield of 3.52%.
The apartment underwent a comprehensive interior renovation in March 2021, which included new flooring (such as laminate), wall coverings in all rooms, interior doors, walls, ceilings (wallpaper/painting), and replacement of the electric water heater. A bathroom dryer was also replaced in 2023. The property is equipped with numerous amenities: a system kitchen with a 2-burner stove and dishwasher, heated toilet seat with bidet and reheating function, automatic bath, bathroom dryer and heater, washbasin with shower, storage and closets in all rooms, two or more air conditioners, underfloor heating, 24-hour ventilation system, laundry machine space, auto-lock, security camera, all-electric system, elevator, 24-hour garbage disposal, bicycle parking (monthly 150 yen), and motorcycle parking (monthly 1,000 yen). A monthly management fee of 10,700 yen and a repair reserve fund of 17,600 yen apply.
The Adachi Ward area, particularly around Senju, is a historically significant transportation hub in northern Tokyo. An interesting local fact is that the nearby Arakawa River was once a vital route for transporting goods into Edo (old Tokyo). The property is within walking distance of several stations, including a 12-minute walk to Kita-Senju Station, a major interchange on multiple lines. The closest major landmark is the Tokyo University of the Arts, Senju Campus, approximately 815 meters away, a prestigious institution contributing to the area's cultural atmosphere.
