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505 E Rutland Street

Covington, LA 70433

6 beds
7 baths
4,846 sqft
$308 per sqft
1923 build

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.

Listing courtesy of GSREIN / Keller Williams Realty Services

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 2439568 —

The Building

Year Built:

1923
Construction Materials:

Brick, Concrete, Wood Siding
Architectural Style:

Cottage
Building Area Total:

5705
Building Area Source:

Appraiser
Roof:

Asphalt, Shingle
Foundation:

Raised
Security Features:

Security System
Exterior Features:

Balcony, Courtyard, Fence, Permeable Paving, Patio
Patio Features:

Covered, Balcony, Patio
Levels:

Two
Stories:

2

Interior

Rooms Total:

20
Living Area:

4846
Living Area Source:

Appraiser
Fireplace:

Yes
Fireplace Features:

Wood Burning

Financial & Terms

Home Warranty:

No

Location

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
Cross Street:

N. Vermont Street and N. New Hampshire Street

The Property

Parcel Number:

18932
Property Type:

Residential
Property SubType Additional:

Detached, Single Family Residence
Property SubType:

Detached
Property Condition:

Excellent
Lot Features:

City Lot, Irregular Lot, Oversized Lot
Lot Size Dimensions:

19,005 SF
Lot Size Area:

0.44
Lot Size Acres:

0.44

Listing Agent

Contact info:

Taxes

Tax Legal Description:

Lot 4 and part of Lots 3, 5, 6 Square 2 Division of St. John, Covington, St. Tammany Parish, Louisiana

Beds

Bedrooms Total:

6

Baths

BathroomsTotal:

7
Bathrooms Full:

6
Bathrooms Half:

1

The Listing

Current Price:

$1,495,000
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5
Buyer Brokerage Compensation:

2.5
Buyer Brokerage Compensation Type:

Item1

Heating & Cooling

Heating:

Central, Multiple Heating Units
Heating:

Yes
Cooling:

Central Air, 2 Units
Cooling:

Yes

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Oven, Range

The Community

Subdivision Name:

Covington
Association:

No
Association Name:

No

Parking

Parking Features:

Covered, Off Street, Parking Lot, Driveway

Monthly cost estimate

Asking price

$1,495,000

Expense	Monthly cost
Mortgage	$8,005
Taxes	N/A
Insurance	$411
Utilities	$274 See report
Total	$8,690/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/19/24 Mar 19, 2024	Listed / Active	GSREIN	$1,495,000

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This house located in Saint John, Covington, LA 70433 is currently for sale for $1,495,000. 505 E Rutland Street is a 4,846 square foot house with 6 beds and 7 baths. 505 E Rutland Street is in the Saint John neighborhood of Covington and has a WalkScore® of 76, making it very walkable. This house is in the attendance area of Pitcher Junior High School, Covington Elementary School, Pine View Middle School, and Covington High School.

Listing Courtesy of: GSREIN and Keller Williams Realty Services. Data displayed here has not been verified by Estately. Disclaimers