Estimated rental income $5,200 for the two houses built on 1 lot. This first built in 1951, the second was built in 2018. Located minutes to world renowned Loma Linda Medical Center University, Jerry L. Pettis Memorial Veterans' Hospital, and downtown Redlands. This 3 bedroom, 2 bath detached home features a second home on the same estate. The 2nd dwelling encompasses a 2 bedroom, 2 bath home, an attached 2 car garage with an open floor plan and alley access. Each home has its own address, a private front door with its own gas and electrical meters.
Live on the same property with your elderly parents, your adult children, family members or friends and yet still have ample privacy. You could also lease out the completely separate portion of your property and get a huge bonus check each month!
There is uncertainty in the stock market, predictions of Social Security running out and rising inflation. Could this be the right time to move your money into real estate? This property offers two distinct, easily rentable, private homes in a safe neighborhood and could give you 2 separate streams of income.
All the remodeling, design, and construction work has already been done for you. Both of these homes are in “Move In” condition, inside and out. They are ready for you and/or your tenants. These homes with wood floors, crown molding, LED recessed lights and ceiling fans installed are freshly painted throughout. The homes have remodeled kitchens and bathrooms, granite counters tops and are complete with all appliances, including refrigerator, washer/dryer and microwave. The front house has gated RV parking, wood decking and both are fully landscaped. Don’t let this opportunity pass you by!