$ 1,750,000
3315 W Ruffner ST Seattle, WA 98199
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Listed by Ewing & Clark, Inc.
$ 1,750,000
Est. payment /mo
Active
3315 W Ruffner ST Seattle, WA 98199
5,900 Sqft Lot
UPDATED:
11/15/2024 12:33 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Magnolia
MLS Listing ID 2250709
Style 42 - Multi-Family
Annual Tax Amount $10,418
Lot Size 5,900 Sqft
Lot Dimensions 50 x 118
Property Description
Great corner lot for townhomes on an alley, 3 blocks from Magnolia Playfield and seven blocks from the Magnolia shopping center. The 5900sf lot is perfect for developing 5 townhomes under LR1 (M) zoning. Current permitting allows 1 unit per 1,150sf under this zoning. The current apartment houses have four units that are 2 bedroom 1 bath each which currently produce an annual NOI of $63,814 while permitting. Apartments have washer/dryers and there are 4 parking spots off of the alley. Please do not bother the Tenants.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Fireplace false
Exterior
Utilities Available Community, Electricity Connected, Natural Gas Available
Waterfront No
View Y/N No
Building
Lot Description Alley
Sewer Available
Water Available
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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