This is a prime investment opportunity in Edogawa-ku, Tokyo. This 6-story reinforced concrete apartment building, constructed in February 1996, comprises 30 family-type residential units. Located at 18-18 Nishikasai 2-chome, it offers excellent accessibility, being just a 10-minute walk from Nishi-Kasai Station on the Tokyo Metro Tozai Line. The building spans a total floor area of 1980sq meters and is situated on a substantial land plot of 1000 sq meters. Complementing the residential units, there are 13 dedicated parking spaces, adding convenience for residents. As an income-generating property, it boasts a current annual gross income of JPY 46,819,656, reflecting an attractive gross yield of 4.19%. The property holds freehold ownership and is classified within a Category 1 Residential Zone, ensuring a desirable living environment. This well-maintained asset is an ideal acquisition for investors seeking a stable and performing real estate property in a highly sought-after urban location with strong rental demand.
