310 N Montgomery Ave, Sheffield, AL 35660
- Added:
- Nov 3, 2021
- Days on Market:
- 1698
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 310 N Montgomery Ave
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- B1
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 6, Bathroom 2, Bathroom 4, Bathroom 5
- Parking features
- On Street, Alley
- Security features
- Security System
- Interior features
- Built-in Features, Ceiling-High, Counters - Solid Surface, Handicap Features, Inside Storage, Recessed Lighting, Sound System, Track Lighting, Utility Sink
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 0708283011005000
- Size
- 12,000 SF
Taxes and HOA fees
- Tax Description
- LOTS 7 & 8 BLK 63 SHEFFIELD 50 X 120
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2014
- Flooring type
- Wood (flooring), Concrete
- Building materials
- Block, Brick, Other (ConstrMat)
- Additional Structures
- Storage
Listing agent Beth Pirtle License #000101566 (256) 810-4786
Listing office RE/MAX Tri-State 1661 S Wilson Dam Rd, Florence, AL (256) 383-7787
Listing date Nov 3, 2021
Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑building property with two separate businesses and 4 apartments
- All four apartments are 2‑bedroom, 2‑bath units
- All units are currently occupied, with a waiting list reported
- Built in 2014 with block and brick construction
- Central heating and central air, plus sound system and recessed lighting
- Public water and public sewer; includes on‑street and alley parking and an accessible ramp approach
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.5k | $9.96 |
| − Vacancy | −$12.5k | −$1.05 |
| EGI | $107.0k | $8.91 |
| − OpEx | −$32.1k | −$2.67 |
| NOI | $74.9k | $6.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sheffield
- County
- Colbert
- State
- Alabama
- Longitude
- -87.6983452
- Latitude
- 34.7613259
