Address
505 E Rutland Street, Covington, LA
Price
$ 1,495,000
Property Attributes
- MLS#2439550
- TypeCommercial
- ParishSAINT TAMMANY
- CityCovington
- NeighborhoodCovington
- Zip70433
- Style
- Price$ 1,495,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage4846
- Lot Size0.44 Acres
Data Source:
Gulf South Real Estate Information Network
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
| Price History | |
|---|---|
| 3/19/2024 | Listed $1,495,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | CO |
| Construction Materials | Brick,Concrete,Wood Siding |
| Year Built | 1923 |
| Stories | 2 |
| Levels | Two |
| OwnerPays | All Utilities,Insurance,Janitorial Service,Taxes |
| County | St. Tammany |
| Property Type | Commercial Sale |
| Subdivision Name | Covington |
| Other Structures | Living Quarters |
| Total Rooms | 20 |
| Status | Active |
| Directions | From Boston Street turn south on either N. Vermont of N. New Hampshire to E. Rutland,to southeast corner of N. Vermont and E. Rutland |
| City | Covington |
| Buyer Agent Compensation | 2.5 |
| Association Name | No |
| Street Name | RUTLAND |
| Days on Market | 34 |
| Structure Type | Hotel/Motel,Mixed Use,Office |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
| PostalCity | Covington |
| Legal Description | Lot 4 and part of Lots 3,5,6 Square 2 Division of St. John,Covington,St. Tammany Parish,Louisiana |
Interior Features
| Street Suffix | Street |
|---|---|
| LivingAreaSource | Appraiser |
Exterior Features
| Parking Features | Covered,Off Street,Parking Lot |
|---|---|
| Lot Features | City Lot,Irregular Lot,Oversized Lot |
| Water Source | Public |
| Lot Size Area | 0.44 |
| Building Area Total | 5705 |
| Lot Dimensions | 19,005 SF |
| Lot Size Acres | 0.44 |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bathroom | Lower | Brick | ||
| Bathroom | Lower | Wood | ||
| Bedroom | Upper | Carpet | ||
| Bedroom | Lower | Wood | ||
| Bedroom | Lower | Wood | ||
| Bedroom | Upper | Carpet | ||
| Bedroom | Lower | Wood | ||
| Breakfast Room/Nook | Lower | Wood | ||
| Breakfast Room/Nook | Lower | Wood | ||
| Den | Lower | Wood | ||
| Den | Lower | Tile | ||
| Den | Upper | Carpet | ||
| Den | Lower | Wood | ||
| Dining Room | Lower | Brick | ||
| Half Bath | Lower | Tile | ||
| Kitchen | Lower | Wood | ||
| Laundry | Lower | Tile | ||
| Living Room | Lower | Wood | ||
| Primary Bathroom | Lower | Tile | ||
| Primary Bedroom | Lower | Wood |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 70433
Price
Visits
Year Built
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