Incredible investor opportunity in the heart of Tempe—just ONE BLOCK from ASU Campus and a short walk to Mill Ave. This 7 BED, 7 BATH turn-key property requires NO TLC and is fully leased through July with strong cash flow. Owner is working on 12-month lease extensions to July 2026 as we speak. Parking for 6 cars in driveway. Located near Rural & Broadway with unbeatable access to shopping, restaurants, and essentials. Ideal for student housing with two new A/C units, separate water heaters, new roof, electrical, and plumbing—all permitted (see docs tab). Flexible options for the new owner to renew, re-lease, or reconfigure. Property has never been owner-occupied. 48-HOURS Notice to Show!
For sale
$1,400,000
725 E Encanto Dr, Tempe, AZ 85281
7beds
7baths
2,605sqft
Est.:
Single Family Residence
Built in 1957
7,261 Square Feet Lot
$-- Zestimate®
$537/sqft
$-- HOA
What's special
- 88 days |
- 145 |
- 1 |
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