AL
Colbert
Sheffield
35660
3001 E 19th Ave
3001 E 19th Ave, Sheffield, AL 35660
Share Listing
Listing Type
other
Listing Status
Active
16
$1,899,990

Home Details for 3001 E 19th Ave

Price
$1,899,990
Type
Residential Income
Year built
1950
Lot size acres
3.67
County
Colbert
MLS Listing#
529156
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.

Property Features
    School Information
    School Information for 3001 E 19th Ave, Sheffield, AL 35660
    Elementary School
    Sheffield
    Middle School
    Sheffield
    High School
    Sheffield
    Listing Courtesy: MarMac Real Estate - The Shoals
    Presented by: Melissa Goduti
    Shoals Area Association of Realtors logo The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Strategic MLS Alliance. 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. Real estate listings held by brokerage firms other than {{BROKERAGE}}, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Strategic MLS Alliance. All Rights Reserved.
    Transportation
    Check the walk, transit, and bike score for
    Neighborhood Market Statistics
    See average values in the proximity of this property
    Median Listing Price
    Median Days on Site
    Median Square Feet
    Market statistics compiled from data from Shoals Area Association of Realtors.
    EXIT REALTY SHOALS
    1402 Avalon Ave, Tuscumbia, AL 35674
    Office
    256 248 4320
    Request more details
    Code: