$1,550,000

725 E Encanto Dr Tempe, AZ 85281

Bedrooms

Bathrooms

7,261

sqft

1957

Year Built

Single Family

Property Type

Special Offer:

(If you do not have an agent and work directly with the listing agent)

No

About This Home

Incredible investor opportunity in the heart of Tempea??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 plumbinga??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!