Cash-flow machine! This 6-unit building is 100% occupied at $3,500 per month. Add that to very low property tax and insurance costs and you are left with a nice cash flowing property. No need to worry about Capital Expenditure as most have been completed within the last 5 years: New roof, windows, vinyl siding, plumbing, appliances, & window units. All units are separately metered with tenants paying their own utilities. 5 of the units rent for $600 per month and 1 unit rents for $500 per month. Owner will consider seller-financing with a 20% down payment
INVESTMENT OPPORTUNITY IN THE RIGHT SPOT: 2 Brick duplexes - both have two units that are 2bed 1 bath / 800 sq ft with eat-in kitchen. Washer and drier hook ups in all units. $10,000 TOWARDS BUYER CLOSING COSTS with contract on or before 12/31/24. UNA is only a 10 min drive and McFarland Marina is a 5 min drive. The property is just within the Sheffield city limits. All units have off street parking. One of the units have been completely renovated among several other renovations / updates done over the past couple of years including a fence that was installed to the rear of the property when a new survey was done, and a new AC unit installed. 48hr notice to show- all units are currently occupied. Buyer to verify all information. A list of renovations and updates are provided in the documents. The mailing addresses on the duplexes are 2800 E 10th Ave for one unit and the other three are listed as 906, 908 and 910 E 28th St. Sheffield, Al 35660
Duplex next to high traffic count and commercial area. 4 bedroom, 2 bath Duplex, In Sheffield just a block from Muscle Shoals, Brick, Built in 1960. Separately heated and cooled.
The median home value in Sheffield, AL is $85,000. This is lower than the county median home value of $158,900. The national median home value is $338,100. The average price of homes sold in Sheffield, AL is $85,000. Approximately 46.31% of Sheffield homes are owned, compared to 34.64% rented, while 19.05% are vacant. Sheffield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sheffield real estate agent to arrange a tour today!
Sheffield, Alabama has a population of 9,305. Sheffield is less family-centric than the surrounding county with 10.01% of the households containing married families with children. The county average for households married with children is 24.31%.
The median household income in Sheffield, Alabama is $36,642. The median household income for the surrounding county is $52,017 compared to the national median of $69,021. The median age of people living in Sheffield is 43.3 years.
The average high temperature in July is 89.6 degrees, with an average low temperature in January of 29.2 degrees. The average rainfall is approximately 55.5 inches per year, with 1.9 inches of snow per year.