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Entrance approach and mailboxes

Selected images and diagrams are reproduced from materials provided through the listing partner.

September 2014
Year Built
Approx. 7 min
To Minami-Senju Station (JR Joban Line)
Tenanted
Occupancy
5.40%
Indicative Gross Yield

Property Highlights

  • Whole freehold apartment building of 12 units, sold with the tenancies in place
  • Completed September 2014 — timber-framed, three storeys, 187.77 sq m of total floor area on 102.88 sq m of registered land
  • Projected annual rent of JPY 9,506,800 and an indicative gross yield of 5.40% at the asking price
  • The listing material describes the building as fully occupied
  • Minami-Senju on the JR Joban Line seven minutes on foot; Minowa on the Tokyo Metro Hibiya Line eight minutes; Senju-Ohashi on the Keisei Main Line thirteen minutes
  • Three separate railway lines within walking distance — the practical support for letting small units
  • Quasi-industrial zoning with an 80% building coverage ratio and a 300% floor area ratio
  • Level site fronting a 4.0 m public road to the south with a 7.0 m frontage
  • Handover date by consultation

Property Description

Il Trazzo Senju is a timber-framed, three-storey apartment building of 12 units at 6-49-20 Minami-Senju in Arakawa Ward, completed in September 2014. The building has a total floor area of 187.77 sq m on a registered land area of 102.88 sq m, held freehold, and the whole building is offered in a single transaction.

The building is sold with its tenancies in place. The listing material records a projected annual rent of JPY 9,506,800 and an indicative gross yield of 5.40% against the asking price, and describes the building as fully occupied. The purchaser acquires the property subject to the existing residential tenancies and succeeds to the relevant landlord rights and obligations at closing, subject to confirmation of the tenancy documents.

The site is level, fronting a 4.0 m public road to the south with a frontage of 7.0 m, in a quasi-industrial zone with an 80% building coverage ratio and a 300% floor area ratio. The rent roll, unit-by-unit occupancy, management arrangement and maintenance record are confirmed on enquiry.

Property Details

Property TypeTenanted Apartment Building
Asking PriceJPY 176,000,000
Address6-49-20 Minami-Senju, Arakawa-ku, Tokyo
Nearest StationMinami-Senju Station (JR Joban Line)
Walking DistanceApprox. 7 min
Number of Units12 Units
Building Area187.77 sq m (total floor area)
Land Area102.88 sq m (registered)
Building Height3 Storeys
Building StructureTimber Frame
Year BuiltSeptember 2014
TenureFreehold Ownership
ZoningQuasi-industrial
Building Coverage Ratio80%
Floor Area Ratio300%
Road FrontageSouth, 4.0 m public road, 7.0 m frontage
OccupancyCurrently Tenanted
HandoverBy consultation
Listing TypePartner Listing

Land area is the figure recorded on the public register and the floor area is from the listing material; both remain subject to verification.

Rental Income

Projected Annual Rent
JPY 9,506,800
Indicative Gross Yield
5.40%
Units
12
Occupancy
Tenanted; described as fully occupied
Built
September 2014

The annual rent and the yield are the projected figures stated in the listing material. The yield is a gross figure against the asking price and takes no account of management fees, taxes, insurance, repairs or vacancy.

The rent roll, individual lease terms, deposits and current occupancy are confirmed on enquiry and remain subject to the tenancy documents.

Location, Transit & Everyday Convenience

The building stands at 6-49-20 Minami-Senju in Arakawa Ward, in the north-east of central Tokyo. The listing material records Minami-Senju Station on the JR Joban Line at approximately seven minutes on foot, Minowa on the Tokyo Metro Hibiya Line at eight minutes and Senju-Ohashi on the Keisei Main Line at thirteen minutes.

The Hibiya Line runs directly through Ueno, Akihabara, Ginza and Roppongi, and Minami-Senju also carries the Tsukuba Express and the JR Joban Line toward Ueno and Kita-Senju. Journey times vary with the service and any changes, so none are stated here.

Minami-Senju is a working residential district that has been steadily redeveloped around the station, with supermarkets, a shopping centre and the Sumida riverside close by, and Kita-Senju's larger retail and dining area one stop away. The combination of three lines and everyday shopping is what supports demand for compact rental units here.

The map indicates the location of Il Trazzo Senju. Walking times above are as stated in the listing material.

Open in Google Maps

Arakawa Rental, Land and Price Trends

Rents for compact rental units and land prices in this part of Tokyo have both been rising.

In the At Home – Sumitomo Mitsui Trust Research Institute Mansion Rent Index for Q1 2026, the single-type index for Tokyo’s 23 wards — units of 18 to under 30 sq m, the band that matches the compact units in a building of this kind — stood at 133.98 against a 2009 base of 100, approximately 8.1% higher than a year earlier.

In the Reiwa 8 (2026) Official Land Price Survey, residential land in Arakawa Ward rose 11.8% on the previous year, and the all-use average for the ward rose 13.8%. The Ministry of Land, Infrastructure, Transport and Tourism’s Real Estate Price Index puts condominium prices in Tokyo at 234.8 for December 2025 against a 2010 average of 100 — a rise of approximately 9.6% on the same month a year earlier.

Year-on-year increases · Tokyo 23 wards, Arakawa Ward and Tokyo
+11.8%
Residential Land, Arakawa Ward
+8.1%
Rents, Single-Type Apartments
+9.6%
Condominium Prices, Tokyo

These figures describe Tokyo’s 23 wards, Arakawa Ward and Tokyo as a whole, not this individual property. The rent index and the price index both cover condominium-type buildings rather than timber-framed apartment buildings such as this one, and neither is specific to this address; the land figure is an average across all official reference points in the ward and is not an appraisal of this site. None of them guarantees future rent, occupancy, value or performance.

Sources:

Ken’s View

Minami-Senju is one of the more practical rental locations in eastern Tokyo. Three separate lines — the JR Joban Line at the station, the Hibiya Line at Minowa and the Keisei Main Line at Senju-Ohashi — sit within walking distance, and for a building of compact units that access is what keeps them let. It matters more here than the prestige of the address.

Twelve units in a building completed in September 2014 is a straightforward asset to hold: recent enough that the major maintenance items are still some way off, small enough to manage without complexity, and offered with the tenancies in place, so income runs from completion. The listing material states a projected annual rent of JPY 9,506,800 and a gross yield of 5.40% against the asking price, and describes the building as fully occupied.

This is an income-first purchase rather than a lifestyle one, and it suits a buyer who wants a whole freehold building in Tokyo at an entry level rather than a single unit. Arakawa Ward recorded an 11.8% rise in residential land prices this year. The rent roll, unit-by-unit occupancy, the management arrangement and the maintenance record are the things to review, and all can be confirmed on enquiry.

Important Notes

  • This is a partner listing. Information is based on materials supplied through a Japanese real estate partner.
  • Availability, price and property details remain subject to confirmation.
  • The property is sold subject to existing tenancies; the rent roll and lease terms remain subject to confirmation of the tenancy documents.
  • The annual rent and the yield are the projected figures stated in the listing material. The yield is gross and takes no account of management fees, taxes, insurance, repairs or vacancy.
  • The building is timber-framed; structural condition, maintenance history and insurance terms warrant review.
  • The site sits in a quasi-industrial zone, and land and floor area figures remain subject to verification against the register and a survey.
  • Market data does not represent the value or future performance of this individual property.
  • Property ownership in Japan does not by itself provide visa or residency rights.

Listing & Transaction Information

Listing Status
Introduced through a Japanese real estate partner
Brokerage services are provided through
International Interface Co., Ltd.
Tokyo Governor's Licence (3) No. 96857
RE/MAX INTERFACE
Agent: Kenichi Aoki

This property is introduced through a Japanese real estate partner. Availability, price and property details remain subject to confirmation at the time of enquiry.