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715 Lawrence St
Russellville AL 35652 US

$585,000

Active Listing ID 163863
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Built in 1981
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Single Family Attached

$585,000

Active Listing ID 163863
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715 Lawrence St First (east) phase built in 1981. Second phase built in 1984. Originally built as a assisted living facility. Major renovation in mid 1990's when a gable roof system was added. Was operated as an independent living up until 2014. In 2015 the entire roof was replaced. In 2016 was sold for the intended purpose of operating a residency youth facility. City approved zoning. Renovation never completed and facility never reopened. All rooms have separate heating and cooling units. Approximately 1/3 has fresh paint walls and ceilings. Local research indicates there is demand for rehab children housing. There also appears to be a demand for efficiency housing. A well managed independent living facility would only have one local competitor.

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Property Features

  • Facts
  • Built in: 1981
  • Property Type: MultiFamily
  • Property Sub-type: Single Family Attached
  • Features
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Brick
  • Floor Covering: Carpet, Tile
  • Roof Type: Composition Shingle
  • Heating Systems: Central Furnace

School Information

  • School
  • City(Elementary)
  • City(High)
  • City(Middle)
Listing Changed: 9/29/2021 6:58:31 PM GMT
Source Updated Date: 10/27/2021 6:30:08 AM GMT

Courtesy of: Michael Sewell, Sewell Realty

Listing Source - ListHub

Copyright © 2021 Shoals Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.