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Multi-family
MLS# 576439
$219000.00
Status: Contingent

1318 Federal
Montgomery, Alabama 36107-
(map)
Neighborhood: Montgomery Heights
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.
Additional Photos
Features
Map
Foundation:Slab
Design:1 Story
Construction:Brick