1318 Federal Drive
Montgomery, AL 36107
- $219,000
Description
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! Schedule your personal showing to view this great property.
Features
Year Built: | 1956 |
Water: | Public |
Utilities: | Cable Available, Electricity Available |
Construction: | Brick |
Cooling: | Central Air, Electric |
Flooring: | Carpet, Tile, Wood |
Foundation: | Slab |
Heating: | Central, Electric |
Interior: | Breakfast Area |
Kitchen: | Gas Water Heater |
Directions
Off Coliseum Blvd turn onto Federal Drive.
Courtesy of: CHOSEN Realty, LLC.
Montgomery Metro Realty
- (334) 277-9100
- Contact Us