6589 A & B Cholla Avenue, 29 Palms, CA 92277 - Stanfield Real Estate Call Agent

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6589 A & B Cholla Avenue, 29 Palms, CA 92277

$207,000

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.

2
BEDS
2
BATHS
2008
BUILD
0.16 Acre
LOT
"this investment opportunity offers a low annual expense for a solid yearly return"
- STANFIELD REAL ESTATE
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