32-Unit Apartment
For Sale
Contact for pricing
Pending
701 W SIXTH ST, Sheffield, AL 35660
Thirty-two two-bedroom, one-bath units are vacated and ready for renovation under a property sale geared to investors.
Property Size31,200 SF
Days on Market93
Property Features for 701 W SIXTH ST
General Information
Standard status
Pending
Size
31,200 SF
Property subtype
Multifamily
Zoning
M-1
Investment Type
Value Add
Additional Details
Multifamily Units
32
Building Details
Year Built
1950
Buildings
5
Stories
1
Units
32
Tenancy
Multi
Listing Agency:
MarMac Real Estate
(256) 284-0351
Listed By:
Melissa Goduti · License #000164903-0
Source:
Crexi
Added: May 27
Changed: Aug 26
Last Checked: Aug 25 at 9:04PM
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 MarMac Real Estate
Investment Insights
Based on property information with market context.
This for-sale multifamily property features 32 apartment units, each configured as two-bedroom, one-bath homes with approximately 975 square feet per unit. According to the seller, all units have already been vacated and are ready for renovations, positioning the building for a hands-on repositioning scope. The offering is presented as an investor-focused opportunity, and the listing agent can provide supporting materials such as rental proformas, along with details on available scope of work and survey information.
The property is located at 701 W Sixth St in Sheffield, AL 35660. For showings, the listing agent must be present, and there is no lockbox access.
For investors or owner-operators looking to implement renovations after tenant move-outs, the fully vacated unit count provides a clear starting point for capital planning and unit turns. This is also well-suited for parties who want a straightforward renovation-based strategy and prefer to manage the building’s interior improvements as part of the sale process. Please contact the listing agent for the proformas and renovation scope and to coordinate an on-site showing.
The property is located at 701 W Sixth St in Sheffield, AL 35660. For showings, the listing agent must be present, and there is no lockbox access.
For investors or owner-operators looking to implement renovations after tenant move-outs, the fully vacated unit count provides a clear starting point for capital planning and unit turns. This is also well-suited for parties who want a straightforward renovation-based strategy and prefer to manage the building’s interior improvements as part of the sale process. Please contact the listing agent for the proformas and renovation scope and to coordinate an on-site showing.
Key Highlights
- 32 two‑bedroom, one‑bath units
- Units are vacated and ready for renovation
- Approximately 975 SF per unit
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
Demographics for 35660, AL
9,434
Population
5,139
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
6.2 sq mi
ZIP Area
1,522
Density / Sq Mi
$42,510
Median Household Income
$31,302
Median Earnings
$850
Median Rent
$129,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Thirty-two two-bedroom, one-bath units are vacated and ready for renovation under a property sale geared to investors.
Where is this apartment building located?
The property is located at 701 W SIXTH 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: 32 two‑bedroom, one‑bath units; Units are vacated and ready for renovation; Approximately 975 SF per unit
