2406 S PECAN Drive, Chandler, AZ 85286

$650,000

bedrooms

bathrooms

square feet

2,285

Acreage

0.22

Open Houses

year built

2008

Full Baths

Half Baths

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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.

Location
Subdivision	Clemente Ranch Parcel 2
County	Maricopa
Elementary School	Robert And Danell Tarwater Elementary
Middle School	Bogle Junior High School
High School	Hamilton High School

Driving directions

Open houses

None scheduled.

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MLS number: 6854214

Listing agent: Nicole M. Geving-Williams

Listing broker: Exp Realty (888) 897-7821

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, April 19 2025 at 5:05 p.m. EDT

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