Brian Young PLLC
HomeSmart Elite Group
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653) Office
838388 E Hartford Drive Suite 100, Scottsdale, Arizona 85255
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MLS# 6854214 – 2406 S Pecan Drive, Chandler, AZ 85286

$650,000 - 4Br/2Ba - for Sale in Clemente Ranch Parcel 2, Chandler
Price: $650,000
Beds: 4
Baths: 2
Living Area SqFt: 2,285
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.22
Lot Size SqFt: 9,609
Year Built: 2008
Neighborhood: Clemente Ranch Parcel 2
Days on Website: 10

Courtesy of eXp Realty

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.

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”
  • 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
  • 10 days 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

Property Map

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

Street View

Nearby Schools

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This content last updated on April 29, 2025 5:06PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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