Ninoecho 4LDK Investment Detached House – 5.2% Yield in Edogawa
Tokyo · Edogawa
About this property
Investment detached house for sale in Ninoecho, Edogawa, Tokyo. 3-story wood-frame slate-roofed construction, built February 1990 (35 years old). Total floor area: 76.83㎡ across three floors (1F: 27.26㎡, 2F: 28.09㎡, 3F: 21.48㎡). Land area: 38.46㎡ (including 11㎡ public road section); land ownership: freehold. Sale price: ¥29,800,000. Layout: spacious 4LDK — ideal for a family or multi-tenant investment. Currently tenanted at ¥128,000/month; annual rental income ¥1,536,000. Gross rental yield: 5.2% — strong cash-flow investment property. Full renovation completed January 2022: exterior painting, roof repair, brand-new system kitchen, new vanity and washbasin, partial flooring replacement. Approximately 10 minutes' walk to Funabori Station (Toei Shinjuku Line). Zoning: urbanization promotion area, Category 1 residential zone. Building coverage ratio 60%; floor area ratio 200%. Utilities: city gas, public water, public sewage. No parking space included. Handover: negotiable with current owner. Note: existing building exceeds BCR/FAR limits; rebuilding to the same scale is not permitted under current regulations.