500 Annapolis Ave, Sheffield, AL 35660
None · Colbert County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Year Built
1920
Living Area
3,079 sq ft
Lot Size
0.17 acres
Lot Dimensions
50 X 150
MLS® Listing#
529291
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Sheffield
- Middle:
- Sheffield
- High:
- Sheffield
Financial Details
HOA
None
Annual Taxes
$410
Tax year 2026
Parcel Number
07-08-28-4-015-012.000
Directions
Head West on E 2nd St, turn right onto Annapolis Ave, Apartments on right
Affordability Calculator
$55,000
Estimated monthly payment
$1,464/mo
Principal $220,000 · Est. interest $306,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sheffield, AL
- $232,353
- Median Listing Price
- 47
- Median Days on Market
- 1,938
- Median Sq Ft
- $108
- Median Price / Sq Ft
- 81
- Active Listings
- This home’s price is 18% above the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sheffield, AL.
Location
Getting Around
Points of Interest in Sheffield, AL
Showing the Sheffield area map.
Nearby Schools
Threadgill Primary School
Elementary · 0.3 mi away
Sheffield High School
Secondary · 0.4 mi away
Schools, Superintendent's Office
School · 0.5 mi away
Sheffield Junior High School
Secondary · 0.5 mi away
L E Willson Elementary School
Elementary · 0.8 mi away
Deshler Middle School
Secondary · 1.8 mi away
Tuscumbia City Schools
School · 1.8 mi away
Calvary Learning Center
School · 1.8 mi away
Deshler High School
Secondary · 1.8 mi away
Florence City Schools
School · 2.3 mi away
Highland Park Elementary School
Elementary · 2.4 mi away
Handy Head Start
School · 2.5 mi away
City of Florence
School · 2.5 mi away
Florence High School
Secondary · 2.7 mi away
G W Trenholm Primary School
Elementary · 2.8 mi away
McBride Elementary School
Elementary · 2.8 mi away
Muscle Shoals Middle School
Secondary · 2.8 mi away
Covenant Christian School
School · 3.0 mi away
Kilby Laboratory School
Elementary · 3.0 mi away
Muscle Shoals High School
Secondary · 3.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 606 N Raleigh Ave, Sheffield, AL | $199,000 | 4 | 3 | 1,573 |
| 807 N Raleigh Ave, Sheffield, AL | $199,000 | 3 | 2 | 2,080 |
| 504 Austin Ave, Sheffield, AL | $199,900 | 3 | 2 | 1,554 |
| 606 River Bluff Dr, Sheffield, AL | $203,900 | 3 | 2 | 1,942 |
| 606 River Bluff Drive, Sheffield, AL | $203,900 | 3 | 2 | 1,942 |
| 102 Wheeler Ave, Sheffield, AL | $204,900 | 3 | 2 | 1,300 |
Moving Cost Estimate
EXIT Agents in Sheffield
Listing Courtesy: MarMac Real Estate - The Shoals
Presented by: Adam Wimberly