RE/MAX Fine Properties Logo
Description Open House Details Location Market Trends Schools Recent Sales
$650,000 Est. $2,393 / mo.*

2406 S Pecan Drive Chandler , AZ 85286

Courtesy of eXp Realty

Description

4 Beds
2 Baths
2,285 Sqft
9,609 Sqft lot
0.22 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 2008
Neighborhood: Clemente Ranch Parcel 2
Days on Website: 12
CALLING ALL INVESTORS, an exceptional investment opportunity awaits. Investor Only Opportunity Home is a Licensed Residential Care Facility with Long-Term Lease Property located in the highly desirable Clemente Ranch community of Chandler, AZ 85286. This 2,253 sq ft single-family home features 5 bedrooms and 2 bathrooms and is currently operating as a licensed residential care facility. (Not a Sober living/halfway house) This property is leased to a long-term tenant under a 5-year agreement, generating $4,150 per month in rental income ($49,800 annually). With minimal landlord responsibilities, this asset offers a projected CAP rate of approximately 5.4%, making it a solid and stable addition to any investor's portfolio. Key Investment Highlights: Long-term tenant in place (not owner-occupied) Licensed and operating residential care facility Stable $4,150/month lease through 2029 - With lease clause for increase yearly Professionally managed Located in Clemente Ranch - a highly sought-after Chandler neighborhood with proximity to A Rated Schools, freeways, medical centers, shopping, and dining This is not a typical residential listing and is intended for investors seeking steady income with low turnover risk. For serious inquiries lease terms/license documentation available.

Open House

Property Details and Features

Bathrooms
2 total decimal bathrooms
2 total bathrooms
Bedrooms
4 total bedrooms
Building
Built in 2008
Living area:
2285
Construction materials:
"Stucco", "Wood Frame", "Painted"
[+] Read More

Contact an Agent

Lea Ann Hervey RE/MAX Fine Properties

(480) 792-9500 (602) 481-9236

Location

$650,000 -
2406 S Pecan Drive Chandler , AZ 85286
Subdivision name: CLEMENTE RANCH PARCEL 2

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 1, 2025 2:04PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Similar Properties Nearby