MLS# 6854214 - 2406 S Pecan Drive, Chandler, AZ 85286

$650,000
Beds: 4
Baths: 2
Sqft: 2,285
Sqft lot: 9,609
Acre lot: 0.22
Est. $2,393 / mo.*
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Courtesy of eXp Realty

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Status: Active
Property Type: Single Family Residence
Year Built: 2008
Neighborhood: Clemente Ranch Parcel 2
Days On Website: 1

Property Details for 2406 S Pecan Drive, Chandler, AZ 85286

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.

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"

Cooling

  • "Central Air"

Fence

  • "Block"

Fireplaces

  • "None"

Floors

  • "Carpet"
  • "Tile"

Garage

  • 3 spaces

Heating

  • "Natural Gas"

Home Owner's Association

  • Association fee: $291
  • Association fee frequency: Quarterly
  • Association fee includes: "Maintenance Grounds"
  • Association amenities: "Management"

Interior Features

  • "Breakfast Bar"
  • "9+ Flat Ceilings"
  • "Kitchen Island"
  • "Pantry"
  • "Double Vanity"
  • "Full Bth Master Bdrm"
  • "Separate Shwr & Tub"
  • "High Speed Internet"

Laundry

  • "Wshr/Dry HookUp Only"

Listing

  • Listing ID: 6854214
  • Standard status: Active
  • 1 day on market

Location

  • Subdivision name: CLEMENTE RANCH PARCEL 2

Lot

  • 0.22 acres
  • 9,609 sqft
  • "Sprinklers In Rear"
  • "Sprinklers In Front"
  • "Desert Front"
  • "Gravel/Stone Front"
  • "Gravel/Stone Back"
  • "Auto Timer H2O Front"
  • "Auto Timer H2O Back"

Parking

  • "Tandem"

Pool

  • "None"

Possession

  • "Close Of Escrow"

Roof

  • "Tile"
  • "Concrete"

Schools

  • Elementary school: Robert And Danell Tarwater Elementary
  • High school: Hamilton High School
  • High school district: Chandler Unified District #80

Sewer

  • "Public Sewer"

Taxes

  • Annual amount: $2,866
  • Lot: 70

Map View

$650,000 - 2406 S Pecan Drive, Chandler, AZ 85286

Street View

Directions

2406 S Pecan Drive
Chandler, AZ 85286
Subdivision name: CLEMENTE RANCH PARCEL 2

This content last updated on April 20, 2025 12:04PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.