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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

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

  • 4 Beds
  • 2 Baths
  • 2,285 Sqft
  • .22 Acres
  • 4 Beds
  • 2 Baths
  • 2,285 Sqft
  • .22 Acres

2406 S Pecan Drive

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.

Essential Information

  • MLS® #6854214
  • Price$650,000
  • Bedrooms4
  • Bathrooms2.00
  • Square Footage2,285
  • Acres0.22
  • Year Built2008
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address2406 S Pecan Drive
  • SubdivisionCLEMENTE RANCH PARCEL 2
  • CityChandler
  • CountyMaricopa
  • StateAZ
  • Zip Code85286

Amenities

  • UtilitiesSRP,SW Gas3
  • Parking Spaces3
  • ParkingTandem
  • # of Garages3
  • PoolNone

Interior

  • HeatingNatural Gas
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories1

Interior Features

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

Exterior

  • RoofTile, Concrete
  • ConstructionStucco, Wood Frame, Painted

Lot Description

Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back

School Information

  • DistrictChandler Unified District #80
  • MiddleBogle Junior High School
  • HighHamilton High School

Elementary

Robert And Danell Tarwater Elementary

Listing Details

  • OfficeeXp Realty
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eXp Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on June 15th, 2025 at 2:00am MST.