Sheffield Multifamily Investment
701 6th St Sheffield, AL 35660
701 6th St, Sheffield, AL, 35660
$1,152,000
For Sale
$1,152,000
MULTI_FAMILY - Sheffield, AL
Property Size24,680 SF
Lot Size1.49 Acres
Price / SF$46.68
Days on Market52
Property Features for 701 6th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- M2
- Standard status
- Active
- APN
- 07-09-29-4-007-001.000
- Size
- 24,680 SF
- Lot size
- 1.49 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT OF BLK 3 RIVER BLUFF 200 X 325 /DB 2024 PG 13259
- Tax Annual Amount
- 16013
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1950
- Number of units
- 32
Listing Agency
MarMac Real Estate - The Shoals
(256) 766-8499
417 E Mobile Street, Florence, AL
Listed by
Melissa Goduti · License #000164903
(256) 349-3638
Added: May 27 Checked: Jul 17 at 12:06 am
MLS# 529139
Listing URL
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Investment Insights
Based on property information with market context.
This multifamily property in Sheffield, Alabama, presents an investor special with significant value-add potential. The property features 32 two-bedroom, one-bath units, each approximately 975 square feet. All units are currently vacant and ready for renovations, offering an opportunity to reposition the property and maximize rental income. The property is priced below both tax appraisal and CBRE appraised value, presenting immediate upside potential for investors. The lot size is 1.49 acres and the building size is 24680 square feet. This property is zoned M2.
Key Highlights
- Priced below tax appraisal and CBRE appraised value, offering immediate upside potential.
- Vacant 32 two‑bedroom, one‑bath units, ready for renovations.
- Excellent value‑add opportunity to reposition and maximize rental income.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - 32-unit multifamily property in Sheffield, AL, ready for renovation.
Where is this apartment building located?
The property is located at 701 6th St Sheffield, AL.
What is the asking price?
The asking price for this property is $1,152,000.
What are key features of this property?
This property features: Priced below tax appraisal and CBRE appraised value, offering immediate upside potential.; Vacant 32 two‑bedroom, one‑bath units, ready for renovations.; Excellent value‑add opportunity to reposition and maximize rental income.
