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Off market
  • $200,000

    1318 Federal Dr, Montgomery, AL 36107

    6beds
    3,050sqft
    SingleFamily
    Built in 1957
    0.4 Acres Lot
    $200,000 Zestimate®
    $66/sqft
    $1,141 Estimated rent

    What's special

    Fantastic investment opportunity! 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. Ideal for investors seeking passive income or owner-occupants looking to "house hack" by living in one unit and renting out the other. 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 a true turnkey property.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,050 sqft

    Property

    Parking
    • Parking features: Carport, Garage
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.40 Acres
    Details
    • Parcel number: 1002042003004000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Year built: 1957

    Community & neighborhood

    Location
    • Region: Montgomery

    Other

    Other facts
    • Accepts applicants with section 8 vouchers
    • Laundry: In Unit
    Services availability