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.
For sale
$650,000
2406 S Pecan Dr, Chandler, AZ 85286
4beds
2baths
2,285sqft
Est.:
Single Family Residence
Built in 2008
9,609 Square Feet Lot
$-- Zestimate®
$284/sqft
$97/mo HOA
What's special
- 42 days
- on Zillow |
- 883 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: April 19, 2025 at 09:11am
Listed by:
Nicole M. Geving-Williams 520-203-1890,
eXp Realty,
Becky Garcia 602-560-4560,
eXp Realty
Source: ARMLS,MLS#: 6854214

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Wshr/Dry HookUp Only
Features
- High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,285
- Total interior livable area: 2,285 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 9,609 Square Feet
- Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Parcel number: 30335917
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile,Concrete
Condition
- Complete Spec Home
- Year built: 2008
Details
- Builder name: Shea Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: CLEMENTE RANCH PARCEL 2
HOA
- Has HOA: Yes
- Amenities included: Management
- Services included: Maintenance Grounds
- HOA fee: $291 quarterly
- HOA name: Clemente Ranch
- HOA phone: 480-422-0888
Location
- Region: Chandler
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $568,000
- Annual tax amount: $2,866
- Date on market: 4/19/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
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