8160 Rutledge Pike

 

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 pubilc sewer.  Tenants pay for their own water and electric.  Approximately $24,000 net income per year.  Needs some TLC.

 

 

 

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