We present an apartment building located in a quiet area of Edogawa in Tokyo. The property, built in February 1989, features a solid wooden construction, ensuring durability and comfort. It is currently fully rented out, providing a stable rental income, with an investment yield of 5.97%.
The building consists of two floors and four units, making it an attractive offer for investors seeking profit opportunities in the local rental market. Additionally, its proximity to public transport, though somewhat distant, ensures convenient access to other parts of the city. Given the current condition of the property and its location, it could be an interesting proposal for those considering investing in Tokyo.
Edogawa is one of the 23 special wards of Tokyo, located in the eastern part of the city, bordering a river of the same name. It is a place that combines the modernity of a big city with more traditional elements of Japanese culture. Edogawa is particularly known for its rich recreational facilities. Kasai Rinkai Park is the largest marine park in Tokyo, offering wonderful opportunities for relaxation. There is an observation tower with a panoramic view of Tokyo Bay and a popular aquarium, which showcases a variety of marine fauna. Additionally, a popular attraction in the district is Shinozaki Park, which is an excellent spot for walks and family picnics, especially during cherry blossom season when the entire avenues lined with sakura trees become meeting points for the locals. Edogawa is also home to notable temples, such as the Zenyo-ji temple, which showcases the spiritual side of Japan. It is also worth mentioning Tokyo Disneyland, which is located in the neighboring ward of Urayasu, but is equally accessible to residents of Edogawa. This district is also known for its folklore and cultural traditions. The annual Edogawa Hanabi Taikai fireworks festival, held by the Edogawa River, attracts crowds of both locals and tourists. This event offers a spectacular show, and the fireworks displays are among the most impressive in all of Tokyo. Edogawa, while perhaps not as well-known as other Tokyo districts, offers a unique insight into the daily life of the residents of Japan's capital, blending elements of nature with the dynamics of urban life.
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