Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom multi-family at 2905 E 12th Ave in Sheffield, AL is listed for $549,000. on a 1.32 acres lot.
Investor opportunity to pick up the project where the current owner left off. This multifamily/townhome redevelopment has already seen major improvements completed, including 18 renovated townhome-style units with new windows, roofs, flooring, walls, paint, efficiency-style kitchen sinks, hot water heaters, and studio layouts featuring private showers, toilets, and closets.
Property has been rezoned for multifamily/townhome use, and each unit sits on its own permanent foundation. New utilities have been installed allowing each unit to have separate meters. Additional large space on-site offers flexibility for an office, community room, or future laundry facility.
Add some attractive landscaping and complete the final touches to maximize the property's potential. Excellent opportunity for strong ROI and high cap rates. Contact listing agent for proforma details and renovation specifics. Property is priced for a quick sale. Property sold as-is. Buyer to verify all information.
Key Features
- 1.32 acre lot
Monthly Cost Estimate
$2,936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2905 E 12th Ave
Sheffield, AL 35660
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 2905 E 12th Ave is listed at $549,000. The estimated monthly payment is $2,379 based on 20% down at 6.5% interest.
Key features include: 1.32 acre lot.
This property is listed by Melissa Goduti and can be reached at (256) 349-3638 or shoalshomeandland@gmail.com.