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715 Lawrence St E, Russellville, AL 35653
37 Beds
37 Baths
n/a sqft

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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.
  • Price:
  • $725,000
  • Bedrooms:
  • 37
  • Full Baths:
  • 37
  • Half Baths:
  • 2
  • Acreage:
  • 1.77
  • Year Built:
  • 1981
  • Listing ID #:
  • 422571
  • Street Address:
  • 715 Lawrence St E
  • City:
  • Russellville
  • State:
  • Alabama
  • Postal Code:
  • 35653
  • County:
  • Franklin County
  • Community:
  • Franklin County
  • Subdivision:
  • None
  • Listing Status:
  • Active
2
out of 5

Russellville Elementary School
Public
3-5
600 students
14 student/
teacher
4
out of 5

Russellville High School
Public
9-12
719 students
14 student/
teacher
  • :
  • 1981
  • Age Of Dwelling:
  • 35
  • Total # Of Buildings:
  • 1
  • Type Of Roof:
  • Wood Rafters, Shingle
  • Approximate Lot Size Range:
  • 1-2.99 Acres
  • Road Frontage:
  • 466
  • Cooling System:
  • 3+ Window Units
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By: Mike Sewell of Sewell Realty
  • Schools information provided by ATTOM