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In the heart of Twentynine Palms, close to restaurants, shops and Highway 62 sits a 2 unit rental income property only 10 minutes from the military base. With a steady history of reliable tenants and monthly income, this investment opportunity offers a low annual expense for a solid yearly return. Each unit boasts two bedrooms and two bathrooms, comfortable carpet and tile floors, with plenty of parking and mountain views. An ideal location for military families and other professionals renting in the Mojave Desert, these units are a sound addition to any investors portfolio. With an annual gross income of $19,200 and approximately $9,000 for an annual net profit, your initial investment of 20% down, can be paid back in less than 5 years! Buyer is responsible to verify all property information.
Based on information from California Regional Multiple Listing Service, Inc. as of April 7th, 2020 at 8:03pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.