Linda Coons
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701 6th St, Sheffield, AL 35660

$1,152,000
  • 701 6th St, Sheffield, AL 35660 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#529139
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRiver Bluff NEIGHBORHOODSheffield

Property Description

Investor Special ? Priced for a Quick Sale! Excellent value-add opportunity featuring 32 two-bedroom, one-bath units, approximately 975 SF each. All units have already been vacated and are ready for renovations, making this an ideal project for an investor looking to reposition and maximize rental income potential.Priced below tax appraisal and CBRE appraised value, offering immediate upside potential for investors. Contact listing agent for rental proformas, scope of work, and survey information. Listing agent must be present for all showings. No lockbox access.

701 6th St | MLS# 529139

This multi-family property located at 701 6th St, Sheffield, AL 35660 is currently listed for sale with an asking price of $1,152,000. Search Sheffield real estate on lindacoons.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 1.49 Acres
Stories: 2.0
Taxes: $16,013
Year Built: 1950

Feature Descriptions

Built Before 1978 Y/N: Yes
City Limits Y/N: Yes
Days on Site: 2
Financing Options: 1031 Exchange, Cash, Conventional, Private Financing Available
Lot Dimensions: 200 x 325
Multiple Level Y/N: Yes
Parcel Number: 07-09-29-4-007-001.000
Sewer: Public Sewer
SQFT Building Total: 24680
Tenancy: Multiple Tenants
Units: 32
Zoning: M2

Local Schools

High School: Sheffield
Middle School: Sheffield
Elementary School: Sheffield

Listed By / Shown By

Listed By

Agency Name: MarMac Real Estate - The Shoals

Shown By

Agent Name: Linda Coons
Agent Phone: (256) 694-9447
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Shoals MLS

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Estimated Payment

$ 4,234.27 per month $2,563.85 Principal & Interest $1,334.42 Property Tax $336.00 Homeowner's Insurance

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