Renovated 4LDK Apartment in Edogawa, Tokyo with Investment Potential
This spacious 4LDK apartment, located in Edogawa Ward's Matsue 2-chome, offers a comfortable living space with a total floor area of 102.36 sqm (approximately 30.96 tsubo). The property underwent a comprehensive renovation in December 2022, featuring a new unit bath, flooring, wallpaper, system kitchen, cabinets, fixtures, vanity, shoe box, and indirect lighting. The layout includes a 15.9-jo LDK and four Western-style rooms of varying sizes.
Key equipment and features include a separate bath and toilet, bath dryer, washroom, vanity, system kitchen, face-to-face kitchen, dishwasher, storage in all rooms, a walk-in closet, indoor laundry space, hardwood flooring throughout, indirect lighting, city gas, hot water supply, and an elevator. The building is a reinforced concrete (RC) structure, built in June 1989, with 25 units total. The apartment is situated on the 2nd floor of a 6-story building.
Special notes indicate this is an owner-change property. Pets and office use are not permitted. The monthly management fee is 27,050 yen and the repair reserve fund is 32,900 yen. There is no dedicated parking, but bicycle parking is available with an annual fee of 1,000 yen for the first bicycle and 2,000 yen for each subsequent one, managed between the unit owner and resident. The property boasts an estimated annual rental income of 2,376,000 yen and a projected yield of 6.78%.
The Matsue area of Edogawa Ward is a peaceful residential district with good access to central Tokyo. An interesting local fact is that the ward is home to the longest artificial beach in Tokyo, the Kasai Rinkai Park beach, which is part of a major seaside park. The closest major landmark is the historic Shibamata Taishakuten Temple, a famous Buddhist temple known for its detailed wood carvings and tranquil garden, located a few stations away.
