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Courtesy of Berkshire Hathaway HomeServices Arizona Properties {attribution_contact}
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!
Property Details and Features
Bathrooms
- 7 total decimal bathrooms
- 7 total bathrooms
Bedrooms
- 7 total bedrooms
Building
- Built in 1957
- Architectural style: “Ranch”
- Living area: 2605
- Construction materials: “Painted”, “Block”
Cooling
- “Central Air”
Fence
- “Block”
Fireplaces
- “1 Fireplace”
Floors
- “Tile”
Heating
- “Electric”
Home Owner’s Association
- Association fee includes: “No Fees”
Interior Features
- “High Speed Internet”
- “No Interior Steps”
- “Vaulted Ceiling(s)”
- “Pantry”
- “Full Bth Master Bdrm”
Listing
- Listing ID: 6851447
- Standard status: Active
- 36 days on market
Location
- Subdivision name: UNIVERSITY HEIGHTS
Lot
- 0.17 acres
- 7,261 sqft
Energy Saving
- Green water conservation: “Tankless Ht Wtr Heat”
Pool
- “None”
Possession
- “Close Of Escrow”
Roof
- “Composition”
Schools
- Elementary school: Broadmor Elementary School
- High school: Tempe High School
- High school district: Tempe Union High School District
Sewer
- “Public Sewer”
Taxes
- Annual amount: $3,753
- Lot: 70
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This content last updated on May 21, 2025 11:12. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.