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About This Home
This 0-bedroom, 0-bathroom multi-family at 701 6th St in Sheffield, AL is listed for $1,152,000 ($47 per sqft). Built in 1950, the home offers 24,680 sqft of living space on a 1.49 acres lot.
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.
Key Features
- Built in 1950
- 1.49 acre lot
Property Details
Monthly Cost Estimate
$6,161/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
701 6th St
Sheffield, AL 35660
River Bluff
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 701 6th St is listed at $1,152,000 ($47/sqft). The estimated monthly payment is $4,992 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 1.49 acre lot.
This property is listed by Melissa Goduti and can be reached at (256) 349-3638 or shoalshomeandland@gmail.com.
