1318 Federal Drive, Montgomery, AL 36107 (MLS # 576439)

Price $219,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size n/a
Days on Market 1
Great Investment Opportunity with Immediate-Solid Cash Flow! This fully occupied duplex generates a steady $2,000/month in gross rental income ($1,100/unit A & $900/unit B) and delivers an impressive 8% cash-on-cash return. Both units are in excellent condition, offering spacious layouts, Unit A 3bd/2ba and Unit B 3bd/1ba, separate entrances, private utility meters, and on-site parking. Updates include newer mechanicals, efficient heating systems, and low-maintenance exteriors - this is truly a turnkey property! Whether you're expanding your rental portfolio or looking to live in one unit and rent the other, this is a rare opportunity in a high-demand rental market. Make this deal your own today!
Property Type(s): Residential Income
Last Updated 5/15/2025 Tract Montgomery Heights
Year Built 1956 Community MONT-N Central Mont City
County Montgomery

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA MONT-N Central Mont City
CONSTRUCTION Brick
HEAT Central, Electric
LOT DESCRIPTION City Lot
SEWER Public Sewer
STORIES 1
STYLE OneStory
SUBDIVISION Montgomery Heights
TAXES 865
UTILITIES Cable Available, Electricity Available
WATER Public

Location

 

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Listed with CHOSEN Realty, LLC.
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