Nakano

Multifamily building
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Description

We offer for sale a residential building in a dynamically developing district of Tokyo. The property, which was built in December 1989, features a solid steel structure, ensuring its functionality and durability. The building has three floors and consists of five apartments, allowing for significant rental income potential. The property is currently fully rented, providing a stable and high return on investment of 4.43%.

An additional advantage is its convenient location, just a minute's walk from the train station, ensuring easy access to public transportation. The area is highly attractive to tenants, making it an appealing option for investors. It is also worth noting the future development potential of the property.

Management of the property is simplified due to appropriate infrastructural solutions and access to parking, which is an added benefit in a crowded urban setting.

City Description

Nakano is a vibrant district located in the western part of Tokyo, known for its unique blend of modernity and tradition. The main highlight of this area is Nakano Broadway, an iconic shopping center that attracts manga, anime, and all kinds of collectors. Each floor is filled with stores offering rare figures, comics, and merchandise, making this place a paradise for pop culture enthusiasts. Additionally, Nakano offers diverse culinary experiences. Near Nakano Station, you can find lively streets with izakaya bars and restaurants serving local specialties such as takoyaki and okonomiyaki. A popular spot is Yokocho – a network of narrow alleys filled with traditional pubs where you can sample authentic Japanese food in a 1950s atmosphere. The district also features quieter corners like Tetsugakudo Park, created by the philosopher Inoue Enryo. The park is filled with symbolic figures and architecture that reflect Eastern philosophy. Nature lovers will also appreciate the Heiwa-no-mori Gardens and the walking paths along the Spree River, providing a moment of respite amidst the urban sprawl. Nakano is also known for its rich arts and music scene. Many local music clubs and theaters offer a diverse program, ranging from traditional performances to modern shows. The district is a popular nightlife hub where locals and tourists come together to enjoy a variety of entertainment. Visits to Nakano allow you to experience the true essence of Tokyo – a place where tradition seamlessly blends with modernity, offering unforgettable experiences.

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Price997 310 USD
ProfitabilityProfitability 4.43%
Yearly profit44 181 USD
Monthly profit3682 USD
TypeMultifamily building
LocationNakano