Exceptional investment opportunity showcasing two beautifully renovated luxury units, each offering 2 bedrooms and 1 bathroom with spacious, thoughtfully designed living areas. This turnkey multi-family property has been extensively updated with a brand-new roof, new windows, and new doors, delivering both style and peace of mind. Inside, each unit features fresh modern finishes including stainless steel appliances, granite countertops, rich wood flooring, and fully remodeled interiors designed to impress today's discerning tenants or owner-occupants alike.
One unit is currently leased, creating immediate income potential from day one while offering the perfect opportunity for an owner-occupant to live in the second unit and offset their mortgage with rental income. Whether you are an investor seeking a strong addition to your portfolio or a buyer looking for luxury living with built-in income potential, this property delivers exceptional versatility.
Ideally located at 1324 Federal Drive in Montgomery, this property offers convenient access to Downtown Montgomery, Gunter Annex, major interstates, shopping, dining, and everyday essentials. The area continues to see infrastructure improvements and benefits from strong commuter accessibility, making it attractive for long-term tenants and owner-occupants alike. Nearby shopping centers, local restaurants, parks, and entertainment options add to the property's appeal. With proximity to Alabama State University, Huntingdon College, and Faulkner University, this location offers broad rental demand and excellent connectivity across the city. A rare opportunity to own a low-maintenance, income-producing property with upscale finishes in a highly convenient Montgomery location.
Property Type(s):
Residential Income
|
Last Updated
|
5/21/2026
|
Tract
|
Montgomery Heights
|
|
Year Built
|
1956
|
Community
|
MONT-N Montgomery City
|
|
County
|
Montgomery
|
Additional Details
| AIR |
Central Air, Electric, Heat Pump, Multi Units |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater, Gas Water Heater, Water Heater |
| AREA |
MONT-N Montgomery City |
| CONSTRUCTION |
Brick, Vinyl Siding |
| HEAT |
Central, Natural Gas |
| INTERIOR |
Eat-in Kitchen |
| LOT DESCRIPTION |
City Lot |
| PARKING |
Concrete, Driveway |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
OneStory |
| SUBDIVISION |
Montgomery Heights |
| UTILITIES |
Cable Available, Natural Gas Available |
| WATER |
Public |
Location
Listed with Real Broker, LLC.
Information herein is believed to be accurate and timely, but not warranty a such is expressed or implied.
Listing Information Copyright 2012 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS;®, Inc.
The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS;® Inc. Real estate listings held by brokerage firms other than First Realty of Greenville, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
This IDX solution is (c) Diverse Solutions 2026.
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