1. Arizona
  2. Tempe
  3. 725 E ENCANTO Drive
$1,550,000

725 E ENCANTO Drive, Tempe, AZ 85281

  • 7 beds |
  • 7 baths |
  • 2,605 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $595/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

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 Status:
Active
Listing Office:
Berkshire Hathaway HomeServices Arizona Properties : 480-505-6300
Listing Agent:
Robert Sullivan : 480-869-6569
MLS ID:
6851447
  • General: No Interior StepsVaulted Ceiling(s)PantryFull Bth Master BdrmHigh Speed Internet
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Electric
  • Fireplace: 1 FireplaceFireplace

This listing courtesy of Robert Sullivan, Berkshire Hathaway HomeServices Arizona Properties

Location

Schools Nearby

B

Broadmor Elementary School

311 E Aepli Dr, Tempe, AZ, 85282

Grades KG-5

0.53 miles away

M

McKemy Academy of International Studies

2250 S College Ave, Tempe, AZ, 85282

Grades 6-8

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.