About The Property

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:Read MoreRead Less
Courtesy of eXp Realty 480-722-9800
Listing Snapshot
Days Online
15
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
M. Logan
Top 2% performing AZ realtor
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Additional Details

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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"
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"
Roof
"Tile", "Concrete"
Sewer
"Public Sewer"
Taxes
Annual amount: $2,866, Lot: 70
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30 Days Snapshot Of 85286
$670k
-3%
(avg) sold price
31
-22%
homes sold
83
+27%
(avg) days on market
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Monthly Payment
$0

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