Covington, LA 70433,505 E RUTLAND ST
Covington, LA 70433,505 E RUTLAND ST
Covington, LA 70433,505 E RUTLAND ST
Covington, LA 70433,505 E RUTLAND ST
Covington, LA 70433,505 E RUTLAND ST
Covington, LA 70433,505 E RUTLAND ST
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$1,315,000

$1,495,000

12.0%
Est.Price: ?

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Est. payment /mo

4,846 SqFt


SOLD DATE : 12/12/2024

Key Details

Sold Price $1,315,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,846 sqft

Price per Sqft $271

Subdivision Covington

MLS Listing ID 2439550

Sold Date 12/12/24

HOA Y/N No

Year Built 1923

Lot Size 0.440 Acres

Acres 0.44

Property Description

First time on the market in 23 years! Prime location in beautiful downtown Covington's Division of St. John business district. Located at the southeast corner of E. Rutland Street and S. Jahncke Avenue. The land parcel has approximately 19,005 SF of land, and the house has approximately 4,846 SF of living area. Large living rooms with high ceilings, beautifully landscaped yards and gardens. Onsite parking, off street parking, and OxLot #2 parking available for customers and employees. The main building was constructed in 1922 and the addition was build in 2005. The business is very consist and profitable, without being on a reservation system or utilizing all the guest rooms. Excellent book of loyal clientele that are repeat customers, website, registered trade name included with the sale. Property could also be used for single family residential, with a fantastic in-law / housekeeper suite. As a B&B there are 6 units all with separate entrances. The 4 downstairs units have one bedroom. The two upstairs units have two bedrooms. As a single family house, there are 8 Bedrooms, 6 1/2 bathrooms. There are large spacious living areas, formal dining room, and an in-law suite your in-laws for die for! Enjoy your enchanted backyard that would sure to keep kids well occupied and captivated, rather than spending days and hours on a cell phone. This location is an easy walk to downtown dining and entertainment, The Trail Head (Trace) and nearby schools and faith based organizations, one block from the Southern Hotel, and 3 blocks to the Bogue Falaya Park

Location

State LA

County St Tammany

Zoning CO

Interior

Fireplace No

Exterior

Parking Features Covered, Off Street, Parking Lot

Water Access Desc Public

Building

Lot Description City Lot, Irregular Lot, Oversized Lot

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Living Quarters

Others

HOA Name No

Tax ID 18932

Financing Cash

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Keller Williams Realty Services
Bought with Keller Williams Realty Services
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