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About the Listing praz04 - rs928
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!
Listing Highlights for 725 E Encanto Dr
Status
Active
Days on Site
190
Property Type
Residential
MLS ®
6851447
Year Built
1957
Total Square Footage
2,605
Lot/Acreage
0.17
County
Maricopa
Neighborhood
University Heights
School District
Tempe School District
Elementary School
Broadmor Elementary School
Middle School
McKemy Academy of International Studies
High School
Tempe High School
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- Appliances:
- Air Cond: Central Air
- Heating: Electric
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: High Speed Internet,No Interior Steps,Vaulted Ceiling(s),Pantry,Full Bth Master Bdrm
- Water: City Water
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $3,753
- Taxes w/Assessments: N/A
- Tax/Property ID: 133-12-070
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
725 E Encanto Dr Tempe, AZ 85281
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