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$1,899,990
13 Days On Site

3001 E 19th Ave
Sheffield, AL 35660

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1950
Built
Subdivision:
Sheffield
County:
Colbert

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

3001 E 19th Ave3001 E 19th Ave3001 E 19th Ave3001 E 19th Ave
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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.

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Listing Snapshot
Price 
$1,899,990
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.67 Acres
Year Built 
1950
MLS® Number 
529156
Status 
Active
Property Tax 
$19,012.77
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
3.67
Sewer 
Public Sewer
Zoning 
M1
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Community Features
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Sheffield
Middle School
Sheffield
High School
Sheffield
Listing courtesy of MarMac Real Estate - The Shoals
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is deemed reliable but is not guaranteed accurate by the MLS. Source: Cullman Association of Realtors MLS

Neighborhood & Commute
Source: Walkscore
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Happy Homes Real Estate, LLC
221B 2nd Ave SE, Cullman
AL 35055
256-737-3050
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