This modern low-rise apartment building in Katsushika’s residential Koiwa area is an ideal turnkey investment opportunity. Built in 2018, the two-story wooden structure features eight fully-tenanted studio units (1R), each designed for comfortable city living and steady rental demand.
Positioned in a peaceful neighborhood with great connectivity, the property is just a short walk from three train stations, including Keisei Koiwa Station (8 min) and Shin-Shibamata Station (10 min). The building sits on a generous 190.33㎡ freehold lot, with a total floor area of 221.54㎡, making it a strong long-term asset with income from day one.
The property is currently generating a stable monthly rental income of ¥721,000, with a gross yield of approx. 5.24% — a solid figure for such a new building in a low-maintenance setup.
ーFeatures
・Built in 2018 – modern design and construction
・8 studio units (1R) – all fully tenanted
・Monthly rental income: ¥721,000
・Gross yield: approx. 5.24%
・Land: 190.33㎡ (Freehold)
・Building: 221.54㎡ total floor area
・2-story wooden structure
・Located in a quiet, residential area of Katsushika
・Easy access to 3 nearby train stations:
- 8 min walk to Keisei Koiwa
- 10 min walk to Shin-Shibamata
- 13 min walk to Keisei Takasago
・Ideal for long-term holding and income stability
With its prime location, tenant-friendly layouts, and modern build, this apartment offers peace of mind for both new and seasoned investors.
📩 Feel free to contact us for rental breakdowns, interior photos, or to arrange a private viewing.