2406 S Pecan Dr, Chandler, AZ 85286
$650,000
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Home 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.
- Pool: None
- Spa: None
- Parking: Tandem
- Garage Spaces: 3.00
- Interior: 9+ Flat Ceilings,Breakfast Bar,Double Vanity,Full Bth Master Bdrm,High Speed Internet,Kitchen Island,Pantry,Separate Shwr & Tub
- Full Baths: 2
- Partial Baths: 0
- Fireplace: None
- Flooring: Carpet,Tile
- Other Rooms: Great Room
Available now at $650,000
- Construction: Painted,Stucco,Wood Frame
- Lot: Auto Timer H2O Back,Auto Timer H2O Front,Desert Front,Gravel/Stone Back,Gravel/Stone Front,Sprinklers In Front,Sprinklers In Rear
- Lot Sq Ft: 9609
- Water: City Water
- Tax Municipality: Chandler
- HOA 1 Fee: $291 Quarterly
- HOA 1 Transfer Fee: $150
- Association Amenities: Management
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School Information
- District:Chandler Unified District #80
- Elementary:Robert And Danell Tarwater Elementary
- Junior High:Bogle Junior High School
- High School:Hamilton High School
Financial
- Approx Payment:$3,162*
- Taxes:$2,866
Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(480) 613-9411 and speak with one of our real estate consultants.
Popular Homes
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Listing Courtesy of eXp Realty.
For information or to schedule a viewing of this property (MLS# 6854214), call: 480-613-9411
2406 S Pecan Dr, Chandler AZ is a single family home of 2285 sqft and
is currently priced at $650,000
.
This single family home has 4 bedrooms.
A comparable home for sale at 1940 W Oriole Way in Chandler is listed at $514,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Chandler, AZ.
Canyon Oaks, Pecos Ranch and Sienna Heights are nearby neighborhoods.
MLS 6854214 has been posted on this site since 4/19/2025 (today).