Edogawa

Multifamily building
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Description

We present an exceptional property in an excellent location, ideal for investors looking for a stable source of income. The building, constructed in 1989 with a solid steel structure, consists of three floors and six currently rented residential units. With full occupancy, the property generates high rental income, making it an attractive option for those looking to invest in the real estate market. An added advantage is the availability of parking, which increases comfort for both residents and guests. It is the perfect place for those who value the convenience of living in a quiet but well-connected area.

City Description

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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Price382 541 USD
Profitability7.1 %
Yearly profit27 160 USD
Monthly profit2263 USD
TypeMultifamily building
LocationEdogawa