505 E Rutland St, Covington
$1,495,000
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 1923 and the addition was build in 2005. Currently an owner occupied B&B, and can be used for residential also, with a fantastic in-law / housekeeper suite. 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. 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.
Covered, Off Street, Parking Lot, Driveway
Central, Multiple Heating Units
Balcony, Courtyard, Fence, Permeable Paving, Patio
City Lot, Irregular Lot, Oversized Lot
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