Residential Income
105 Habbler Street Sheffield, AL 35660
For Sale
$160,000
Residential income property for sale in Sheffield, offering income-producing units with room for investor improvements.
Property Size2,128 SF
Price / SF$75.19
Days on Market33
Property Features for 105 Habbler Street
General Information
Standard status
Active
Size
2,128 SF
Property subtype
Multi Family Home
Building Details
Year Built
1945
Listing Agency:
Powerhouse Realty Group
(256) 713-9444
Listed By:
Sharell Powers · License #114388
(256) 713-9444
Source:
Alabamaland
Added: Jun 26
Changed: Jul 21
Last Checked: Jul 27 at 4:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Powerhouse Realty Group
Investment Insights
Based on property information with market context.
This residential income property is offered for sale as a multi-unit investment opportunity in Sheffield. The property is presented with pictures that are similar to the actual condition.
The seller notes it is conveniently located near local amenities, schools, and major roadways in Sheffield.
While specific unit configuration and interior details are not provided, the offering is positioned for investors looking to add or expand a rental portfolio.
The seller notes it is conveniently located near local amenities, schools, and major roadways in Sheffield.
While specific unit configuration and interior details are not provided, the offering is positioned for investors looking to add or expand a rental portfolio.
Key Highlights
- Multifamily residential income property for sale in Sheffield
- Year built: 1945
- Income‑producing units with room for investor improvements
Financial Insights For Apartment 5plus
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 | $21.7k | $10.20 |
| − Vacancy | −$1.3k | −$0.59 |
| EGI | $20.4k | $9.61 |
| − OpEx | −$9.2k | −$4.32 |
| NOI | $11.2k | $5.28 |
2,128 SF · lease $10.20/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$160.7K
$140.6K – $187.4K
NOI $11,246 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.8K
$297.3K – $396.5K
NOI $23,787 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential income property - Residential income property for sale in Sheffield, offering income-producing units with room for investor improvements.
Where is this residential income property located?
The property is located at 105 Habbler Street Sheffield, AL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Multifamily residential income property for sale in Sheffield; Year built: 1945; Income‑producing units with room for investor improvements
