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About This Home
This 0-bedroom, 0-bathroom multi-family at 3001 E 19th Ave in Sheffield, AL is listed for $1,899,990. Built in 1950, on a 3.67 acres lot.
Exceptional value-add investment opportunity featuring a 50-unit apartment complex across 7 buildings occupying an entire city block with road frontage on four sides. Prime location next to the elementary and middle schools and just steps from the community pool and tennis courts, making this an attractive future rental location for tenants.
Investor special with tremendous upside potential. Current owner vacated all units in preparation for a large-scale renovation project; however, unexpected circumstances have created an opportunity for a new investor to step in and complete the vision.
Property is priced for a quick sale. With multiple new companies and continued growth coming to the area, this property offers strong potential for future cash flow, appreciation, and high cap rates once renovations are completed. Contact listing agent for proforma details, scope of work, and previous rental income information prior to vacancy. Property sold as-is. Buyer to verify all information.
Key Features
- Built in 1950
- 3.67 acre lot
Property Details
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3001 E 19th Ave
Sheffield, AL 35660
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 3001 E 19th Ave is listed at $1,899,990. The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 3.67 acre lot.
This property is listed by Melissa Goduti and can be reached at (256) 349-3638 or shoalshomeandland@gmail.com.
