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2406 S Pecan Drive

Chandler, AZ 85286
  • $650,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 6854214
UPDATED: 67 min ago
$650,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,285
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2008
County:
Area:

School Information

Description

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.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Daniel Montez Real Estate Group. Data last updated 2025-06-18T15:27:45.783.
www.valleyrealestatedeals.com/homes/162766428
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2406 S Pecan Drive Chandler, AZ 85286

  • Price: $650,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 67 min ago
  • MLS #: 6854214
4
Beds
2
Baths
0
½ Baths
0.22
Acres
2,285
SQFT
$284
$/SQFT
2008
Built
Neighborhood:
Clemente Ranch Parcel 2
County:
Maricopa
Area:
Chandler
Elementary School:
Robert And Danell Tarwater Elementary
Middle School:
Bogle Junior High School
High School:
Hamilton High School
Property Description
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.
Exterior Features

Architectural Style [] Attached Garage YN No Carport Spaces 0 Construction Materials StuccoWood FramePainted Covered Spaces 3 Exterior Features [] Fencing Block Horse Amenities [] Horse YN No Lot Features Sprinklers In RearSprinklers In FrontDesert FrontGravel/Stone FrontGravel/Stone BackAuto Timer H2O FrontAuto Timer H2O Back Open Parking Spaces 0 Other Structures [] Parking Features Tandem Pool Features None Pool Private YN No Road Responsibility [] Roof TileConcrete Spa Features None View []

Interior Features

Basement [] Basement YN No Bedrooms Plus 4 Common Walls [] Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Formal Dining Yes Great Room Yes Heating Natural Gas Heating YN Yes Interior Features Breakfast Bar9+ Flat CeilingsKitchen IslandPantryDouble VanityFull Bth Master BdrmSeparate Shwr & TubHigh Speed Internet Laundry Features Wshr/Dry HookUp Only Master Bedroom Walk In Closet Yes Pantry Yes Separate Den Office YN No Window Features []

Property Features

Accessibility Features [] Association Amenities Management Association Fee 290.72 Association Fee Frequency Quarterly Association Fee Includes Maintenance Grounds Association YN Yes Auction No Builder Name Shea Homes Capmprovement Impact Fee 0 City Services Yes Community Features [] Current Financing FHANon Assumable Disclosures Agency Discl ReqOther (See Remarks)Seller Discl Avail Flooring CarpetTile Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms CashConventionalFHAVA Loan Model CHAGALL New Construction YN No North South Exposure Yes Other Fees HOA 0 Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use [] Prepaid Association Fees HOA 290.72 Property Attached YN No Property Condition Complete Spec Home Property Sub Type Single Family Residence Rec Center Fee YN No Security Features [] Sewer Public Sewer Special Assessment HOA No Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 2866 Tax Year 2024 Total Monthly Fee 96.91 Utilities [] Water Source City Water

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Daniel Montez Real Estate Group. Data last updated 2025-06-18T15:27:45.783.
 
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The Daniel Montez Real Estate Group
33 N. Lindsay Road Suite 111
Gilbert AZ, 85234