8160 Rutledge Pike, Rutledge, TN 37861  

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 in 2019.1 bed/1 bath $375/month1 bed/1 bath $400/month1 bed/1 bath $375/month2 bed 2 bath $475/month2 bed/ 2 bath $500/month2 bed/ 1 bath $475/month2 bed/ 1 bath $500/

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  • Listing Type Multi-Family
  • Listing ID 1101045
  • House Size 6,256 sqft
  • Lot Size 140 x 210 IRR
  • Listing Status Active
  • Year Built 1924
  • County Grainger
  • Units 7
  • Taxes 1882.0
  • TaxID 049o C 010.00
Listing courtesy of RE/MAX Real Estate Ten~4235818881

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