The presented property is an investment apartment located in a rapidly developing district of Tokyo. The building, constructed in 1978, participates in the local real estate market, offering the possibility of comfortable rentals in an attractive location. It features a high return on investment of 7.50%, making it an interesting option for potential investors.
The property is just a few minutes' walk from the train station, providing easy access to public transportation. The building has 9 floors and consists of 101 units, promoting full occupancy. The current status of the property is vacant rooms, which may represent an opportunity for further rental optimization. The quiet neighborhood and proximity to amenities make this offer appealing to those seeking stable rental income.
Katsushika is one of the 23 special wards of Tokyo, located in the eastern part of the city, bordering the Edogawa River and other districts such as Adachi and Sumida. It is a place with a rich history and cultural significance that fascinates both locals and tourists. One of its notable landmarks is the Shibamata Taishakuten temple, known for its beautiful wooden carvings and gardens. This temple attracts many worshippers and lovers of traditional architecture from across the country. Katsushika is also associated with the popular film series "Tora-san," whose protagonist, Kuruma Torajirō, grew up in the Shibamata district. As a result, many places in Katsushika have become icons of Japanese pop culture. Sando Street in Shibamata, leading to the temple, is lined with traditional shops and restaurants offering local delicacies, making it an excellent place for culinary discoveries. Katsushika is also home to Mizumoto Park, one of the largest parks in Tokyo. This park is an ideal spot for walks or picnics surrounded by nature, and its diverse plant life draws visitors year-round, especially during cherry blossom season. This district retains the unique atmosphere of old Tokyo while also evolving and modernizing. Thanks to its good transport links to the rest of the metropolis, Katsushika is becoming an increasingly popular place to live and visit. Residents appreciate life in this district for its peaceful atmosphere and authentic local experiences.
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Katsushika
Investment apartment