701 6th St Sheffield, AL $ 1,152,000
701 6th St
$ 1,152,000
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701 6th St

Sheffield, AL, 35660
$ 1,152,000
Baths0.0 Sq 24,680

Monthly Estimate*

$ 7,093

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Studio

Multi-Family Home for sale in Sheffield, AL

for $1,152,000. This 24,680 square foot home was built in 1950 on a lot size of 1.49.

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.

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Multi-Family Active

Price

$ 1,152,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 16,013

Style

Lot Size

1.49

Year Built

1950

Town/City

Sheffield

County/Region

Colbert

MLS | Web ID

529139

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Zoning M2
Year Built 1950
Property Subtype Apartment Complex
Tax Year 2025
County Colbert
Property Type Multi-Family
HOA N
Subdivision Name River Bluff
Garage Y/N N
Status Active
Directions Slight right on Hatch Blvd continue to E 6th St and units will be on the left
High School Sheffield
City Sheffield
Number Of Units Total 32
Carport Y/N N
Elementary School Sheffield
Tax Annual Amount 16013.41
Middle/Junior High School Sheffield
Standard Status Active
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Interior
Total Stories 2
Basement (Y/N) N
Fireplace Y/N N
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Exterior
Number of Buildings 5
Building Area Total 24680.0
Lot Dimensions 200 x 325
Lot Size Acres 1.49
Waterfront Y/N N
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* Excluded Features
List By
Marmac Real Estate - The Shoals

Broker

shoalshomeandland@gmail.com

Email

Affordability Calculator

$8,427
Per Month
84%
16%
0%
Monthly Principal & Interest
$7,093
Monthly Property Taxes
$1,334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1224342 Elementary School
1224336 Middle School
Sheffield High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$1,152,000 Listed Price

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701 6th St, Sheffield, AL, 35660 is a Multi-Family Home for sale at $1,152,000 with 24,680 sqft and a lot size of 1.49. 701 6th St is a studio with 0.0 baths and was built in 1950. The property's zip code is 35660 which is in Sheffield, AL