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.
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
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