Compact Investment Property in Arakawa, Tokyo
This property is a two-storey wooden house built in March 1987, located in the Minami-Senju 1-chome area of Arakawa Ward, Tokyo. With a total floor area of 42.34 sqm (approx. 12.8 tsubo) on a land area of 32.39 sqm (approx. 9.79 tsubo), it offers a 2DK layout. The interior consists of two Japanese-style rooms: one 6-tatami mat room and one 3-tatami mat room. The property is currently tenanted, providing an immediate rental income stream.
According to the agent's notes, the property is equipped with a kitchen, a 2-burner stove, two or more air conditioning units, lighting fixtures, city gas, electricity, and water and sewer systems. The annual projected rental income is 1.02 million yen, with an estimated yield of 5.42%. The land is freehold ownership (所有権) and is zoned as Quasi-Industrial Area (近隣商業地域) within the urbanization promotion area. The building-to-land ratio is 80% with a floor area ratio of 240%. The land is flat and fronts a 3.7m wide road to the southwest.
The Minami-Senju area is a historically rich district along the Sumida River, known for its traditional shitamachi (downtown) atmosphere. An interesting local fact is that the area was a major post station on the historic Nikko Kaido road during the Edo period. The closest major landmark is the iconic Tokyo Skytree, located just across the river in Sumida Ward, offering spectacular views and a major shopping and entertainment complex.
