Listing MLS# 6851447 Tempe AZ Real Estate

Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Tempe AZ real estate, University Heights - Tempe real estate for sale, Tempe, AZ homes for sale and Tempe real estate and Tempe homes.

$1,400,000 | 7 beds | 7 full baths | N/A half baths | 2,605 sqft

$1,400,000 No Recent Price Change
725 E Encanto Drive
Tempe, AZ 85281
  • 7Beds
  • 7.00Total Baths
  • 2,605SqFt
  • 1957Year Built
  • 7261.00Acres
  • 68 yearsEst Age
  • MLS# 6851447
  • Residential
  • Single Family Residence
  • Active

  • Approx Time on Market5 months, 24 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision University Heights

Overview

Incredible investor opportunity in the heart of Tempejust 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 plumbingall 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!



Agriculture / Farm

Horse:  No

Association Fees / Info

Hoa Includes:  No Fees

Hoa:  No

Bathroom Info

Total Baths:  7

Total Baths Dec:  7

Building Info

Construction Materials:  Painted, Block

Builders Name:  Unknown

Roof:  Composition

Exterior Features

Style:  Ranch

Pool Desc:  None

Patio and Porch:  Patio

Pool Private:  No

Fencing:  Block

Garage / Parking

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Tile

Interior Features:  High Speed Internet, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm

Fireplace:  No

Lot Info

Lot Size Units:  Square Feet

Lot Sqft:  7261

Misc

Spa Features:  None

Possession:  Close Of Escrow

Other

Special Listing Conditions:  N/A

Other School Info

Property Info

Possible Use:  None

Property Attached:  Yes

Room Info

Sqft Info

Living Area Source:  Owner

Sqft:  2605

Tax Info

Tax Legal Description:  LOT 70 UNIVERSITY HEIGHTS MCR 005719

Tax Amount Annual:  3753

Unit Info

Utilities / Hvac

Water Source:  City Water

Cooling:  Yes

Cool System:  Central Air

Heating:  Electric

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

Directions

1. Turn right off Rural Rd onto E. Encanto Dr.2. Turn off E. Broadway onto S Ventura Dr, then right onto E Encanto Dr.

Listings courtesy of Berkshire Hathaway Homeservices Arizona Properties  Broker Reciprocity

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On barbarabakerrealty.com since Mon, Apr 14th 2025
No Property History recorded for this listing.
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