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… Read More 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. Read Less
Courtesy of eXp Realty 480-722-9800
Listing Snapshot
Days Online
6
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
2,285
Lot Size
0.22 Acres
Year Built
2008
MLS Number
6854214
30 Days Snapshot Of 85286
$628k
-16%
(avg) sold price
25
-34%
homes sold
90
+36%
(avg) days on market
Snapshot
Area Map
Additional Details
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"
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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