715 Lawrence St E 37, Russellville, AL 35653
sale $650,000 | Multi-Family
Courtesy Of Sewell Realty
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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- Age: 31-40 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s) A/C
- MLSID: 422571
- Roof Type: Wood Shingle
- Rooms: Half Bath
- Rooms: Bedroom
- Rooms: Full Bath
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