Courtesy: Norluxe Realty Huntsville
256-215-1755
Great investment opportunity in Sheffield! This multifamily property offers strong rental income potential and plenty of opportunity for investors looking to expand their portfolio. Conveniently located near local amenities, schools, and major roadways. Whether you’re looking to add to your rental portfolio or start investing, this property is full of potential. Don’t miss this chance to secure an income-producing property in a growing area!
Cash-flow machine! This 6-unit building is 100% occupied at $3,490 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. 4 of the units rent for $600 per month, one for $575 & 1 unit rents for $515 per month.
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.
Investor opportunity to pick up the project where the current owner left off. This multifamily/townhome redevelopment has already seen major improvements completed, including 18 renovated townhome-style units with new windows, roofs, flooring, walls, paint, efficiency-style kitchen sinks, hot water heaters, and studio layouts featuring private showers, toilets, and closets. Property has been rezoned for multifamily/townhome use, and each unit sits on its own permanent foundation. New utilities have been installed allowing each unit to have separate meters. Additional large space on-site offers flexibility for an office, community room, or future laundry facility. Add some attractive landscaping and complete the final touches to maximize the property's potential. Excellent opportunity for strong ROI and high cap rates. Contact listing agent for proforma details and renovation specifics. Property is priced for a quick sale. Property sold as-is. Buyer to verify all information.
Investor Special – Priced for a Quick Sale! Excellent value-add opportunity featuring 32 two-bedroom, one-bath units, approximately 975 SF each. All units have already been vacated and are ready for renovations, making this an ideal project for an investor looking to reposition and maximize rental income potential. Priced below tax appraisal and CBRE appraised value, offering immediate upside potential for investors. Contact listing agent for rental proformas, scope of work, and survey information. Listing agent must be present for all showings. No lockbox access.
info. Nearby to neighborhood establishments: Riverfront Park (1.7 mi), Groundhog Coffee (.5 mi), The Red Clay Table (.7 mi), Sheffield Hardware (.7 mi) **Please do not disturb tenants.** No signs, no lockboxes.
Two investment properties for the price of one! Both of these houses are located on one lot, directly in the center of the Shoals. The front house is a two bedroom, one bath, that has been updated and upgraded. Though currently vacant, it rented for $500 a month, before the updates! The back house is three bedroom, one bath that is currently rented for $550 per month. Do not miss this opportunity to add these gems to your investment portfolio!
Fantastic investment opportunity in the heart of Sheffield! This duplex is fully leased with a great longterm rental history. Both units are similar floorpans, each featuring two bedrooms, a full bath, a large eat-in kitchen, and a nice living room space. Each unit is leased for $550 a month. Do not miss your opportunity to make your first investment or grow your portfolio.
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.
Sheffield is located in Alabama. 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.
