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    715 E Lawrence St E , #37

    Russellville, AL 35652
    • $0
    • STATUS: Active
    • ON SITE: 1153 days
    • MLS #: 163863
    UPDATED: 70 min ago
    $0
    • 0
      BEDS
    • 1.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,000
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    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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    © 2021 Shoals Area Association of Realtors MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate. Data last updated: 2021-08-02T23:32:26.693.
    www.shoalsareahomes.com/homes/84333808
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    715 E Lawrence St E , #37 Russellville, AL 35652

    • Price: $0
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 163863
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.77
    Acres
    18,000
    SQFT
    $0
    $/SQFT
    1981
    Built
    Neighborhood:
    None
    Area:
    Franklin County
    Elementary School:
    City
    Middle School:
    City
    High School:
    City
    Property Description
    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.
    Exterior Features

    Construction Materials Brick Exterior Features Storage (Exteriorfeat) Frontage Len 466 Parking Features Concrete (Parking) Road Frontage Type City Street Roof Hip/SlopedShingle Stories Total 1 Waterfront YN No

    Interior Features

    Cooling Window Unit(S) Flooring CarpetTile (Flooring) Heating Wall Furnace

    Property Features

    Built Before1978 YN No Easements NoneUtilities Gross Income 0 Operating Expense 0 Sale Rent For Sale Type Multiple Dwellings Zoning R3

    Listing information © 2021 Shoals Area Association of Realtors MLS.
    Listing provided courtesy of Mike Sewell of Sewell Realty.


    © 2021 Shoals Area Association of Realtors MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate. Data last updated: 2021-08-02T23:32:26.693.
     
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    MarMac Real Estate
    1687 Highway 72
    Killen AL, 35645