Park-Side Owner-Change House in Shinjuku 7-chome

≈ $173,627 (¥27,800,000)

Illustration of Park-Side Owner-Change House in Shinjuku 7-chome — akiya for sale in Shinjuku 7-chome, Shinjuku-ku, Tokyo
Location
Shinjuku 7-chome, Shinjuku-ku, Tokyo
Land size
31.04 m2 (registry / 公簿); listing states 25.62 m2 private road at a 2/26 share — verify against survey
Building size
37.3 m2 (timber, 2 storeys)
Year built
May 1967
Condition
Tenanted (賃貸中) — an owner-change (オーナーチェンジ) sale; the lease transfers on completion. Quoted rent ¥145,000/month, ¥1,740,000/year, approx. 6.25% gross yield. Not rebuildable (再建築不可). 準防火 and 20 m Category II height district. Zoning 第一種中高層住居専用地域, 60% coverage / 300% floor-area. Adjacent to 抜弁天北公園. No parking. Interior not freely viewable while let. Pre-1981 seismic frame.
Access
Toei Oedo Line, Higashi-Shinjuku 9 min walk; Wakamatsu-Kawada 9 min

This one comes with a tenant. It is listed 賃貸中 and sold as an オーナーチェンジ, an owner-change: the lease transfers with the keys and you inherit the occupant rather than the empty rooms. The seller quotes ¥145,000 a month, ¥1,740,000 over a full year, and a gross yield of about 6.25% against the ¥27,800,000 asking price. The house behind the…

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