8160 Rutledge Pike
Rutledge, TN 37861

Presented by

Amy Shrader

Contact

Amy Shrader
$199,900
Multi Family
11 Bedrooms
9 Full Bathrooms
7 Units
Interior: 6,256 sqft
Lot: 0.49 acre(s)
Year Built: 1924
 

7 Unit Apartment Complex

Great Investment Opportunity! This 7 unit apartment complex was the old "Rutledge Inn" in previous years. Located on Rutledge Pike/Highway 11W this building is in the heart of Rutledge and convenient to everything. $2700 per month gross rental income. Building has an additional 2858 sq ft in the basement that could be converted into additional units or office space. Mix of 1 and 2 bedroom units. Apartments have public water and public sewer. Tenants pay for their own water and electric. Approximately $27,000 net income per year. Numerous updates done in 2019.

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Location

Map of 8160 Rutledge Pike, Rutledge, TN 37861, USA

8160 Rutledge Pike

Rutledge, TN 37861

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Presented by

Amy Shrader

Amy Shrader
Re/Max Real Estate Ten
324868
(423) 748-8811
Email:  [email protected]
Website: www.tnrealestategal.com

        

Listed by: Re/Max Real Estate Ten

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8160 Rutledge Pike
Rutledge, TN 37861

Offered at
$199,900

Multi Family
11 Bedrooms
9 Full Bathrooms
7 Units
Interior: 6,256 sqft
Lot: 0.49 acre(s)
Year Built: 1924

7 Unit Apartment Complex

Great Investment Opportunity! This 7 unit apartment complex was the old "Rutledge Inn" in previous years. Located on Rutledge Pike/Highway 11W this building is in the heart of Rutledge and convenient to everything. $2700 per month gross rental income. Building has an additional 2858 sq ft in the basement that could be converted into additional units or office space. Mix of 1 and 2 bedroom units. Apartments have public water and public sewer. Tenants pay for their own water and electric. Approximately $27,000 net income per year. Numerous updates done in 2019.

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Map of 8160 Rutledge Pike, Rutledge, TN 37861, USA
Amy Shrader

For more information contact:
Amy Shrader
Re/Max Real Estate Ten
324868
Phone: (423) 748-8811
[email protected]

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