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For sale
  • $649,900

    701 Sweetwater Ave, Florence, AL 35630

    --beds
    --baths
    --sqft
    : 
    $3,861/mo
    Get pre-qualified
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Investor opportunity to acquire a 8 door residential rental portfolio consisting of 5 properties, offered together as an investment package. The portfolio includes: 701 Sweetwater Ave, Florence 714 N Jefferson St, Tuscumbia 403 Dover Ave, Sheffield 405 Dover Ave, Sheffield 405 1/2 Dover Ave, Sheffield- 2 Units 1505 26th St, Sheffield - 3 Units Plus Extra Lot Next to 1505 26th St Sheffield Offering provides strong cash flow and an approximately 9% cap rate with operating expenses included, making this an attractive opportunity for investors seeking an established rental portfolio. Financials available upon request. Please do not disturb tenants. No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence.
    1 day
    45
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    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Goduti 256-284-0351,

    MarMac Real Estate - The Shoals

    Source: Strategic MLS Alliance,MLS#: 531092

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Features
      • On waterfront: Yes
      Lot
      • Dimensions: 5 Lots
      Details
      • Parcel number: 000000000000000000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1935

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: Florence
      HOA
      • Has HOA: No
      Location
      • Region: Florence

      Financial & listing details

      • Tax assessed value: $68,280
      • Annual tax amount: $696
      • Price range: $649.9K - $649.9K
      • Date on market: 9/4/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,710/mo

        Price history

        DateEventPrice
        9/4/2026Listed for sale$649,900
        Source: Strategic MLS Alliance #531092 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$652 +6.9%$13,300 +6.9%
        2024$610 +11.5%$12,440 +11.5%
        2023$547 +18.5%$11,160 +18.5%
        2022$462 -6.5%$9,420 -6.5%
        2021$494 +13.8%$10,080 +13.8%
        2019$434 $8,860 +8%
        2018$434 +8%$8,200
        2017$402 $8,200
        2016$402 $8,200 -9.7%
        2015$402 -9.7%$9,080 +2.3%
        2014$445 $8,880
        2013-- $8,880
        2012-- $8,880
        2011-- $8,880 +4.5%
        2010-- $8,500
        2009-- $8,500
        2008-- $8,500 +6%
        2007-- $8,020 -71.9%
        2005-- $28,500 -2.4%
        2004-- $29,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 35630

        Getting around

        41 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Florence
        • Middle: Florence
        • High: Florence

        Source: Strategic MLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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