Kim Rogenski
Join Sign In

3001 19th Ave, Sheffield, AL 35660

$1,899,990
  • 3001 19th Ave, Sheffield, AL 35660 Main Photo

16 Total Photos [Click to View All]

New to the Market Active
BEDS0 BATHS MLS#529156
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSheffield NEIGHBORHOODSheffield

Property Description

Exceptional value-add investment opportunity featuring a 50-unit apartment complex across 7 buildings occupying an entire city block with road frontage on four sides. Prime location next to the elementary and middle schools and just steps from the community pool and tennis courts, making this an attractive future rental location for tenants.Investor special with tremendous upside potential. Current owner vacated all units in preparation for a large-scale renovation project; however, unexpected circumstances have created an opportunity for a new investor to step in and complete the vision. Property is priced for a quick sale.With multiple new companies and continued growth coming to the area, this property offers strong potential for future cash flow, appreciation, and high cap rates once renovations are completed. Contact listing agent for proforma details, scope of work, and previous rental income information prior to vacancy. Property sold as-is. Buyer to verify all information.

3001 19th Ave | MLS# 529156

This multi-family property located at 3001 19th Ave, Sheffield, AL 35660 is currently listed for sale with an asking price of $1,899,990. Search Sheffield real estate on kimrogenski.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 3.67 Acres
Taxes: $19,012
Year Built: 1950

Feature Descriptions

Built Before 1978 Y/N: Yes
City Limits Y/N: Yes
Days on Site: 3
Financing Options: Cash, Conventional
Lot Dimensions: 400 x 400
Multiple Level Y/N: Yes
Parcel Number: 0708281005026000
Sewer: Public Sewer
Tenancy: Multiple Tenants
Units: 50
Zoning: M1

Local Schools

High School: Sheffield
Middle School: Sheffield
Elementary School: Sheffield

Listed By / Shown By

Listed By

Agency Name: MarMac Real Estate - The Shoals

Shown By

Agent Name: Kim Rogenski
Agent Phone: (256) 431-9708
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Shoals MLS

Estimate Your Payment

Estimated Payment

$ 6,367.05 per month $4,228.55 Principal & Interest $1,584.33 Property Tax $554.16 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel