3315 W Ruffner Street
Seattle, WA 98199
0.14 acres | #2250709
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.
Property Details
- Utility FeaturesCommunity, Electricity Connected, Natural Gas Available
- Style42 - Multi-Family
- Date ListedJune 20, 2024
- Structure TypeMulti Family
- Original List Price$1,750,000
- Sewer InformationAvailable
- Utility SourceAvailable
- Property TypePurchase
- SubdivisionMagnolia
- School DistrictSeattle
- Taxes Annual$10,418
- MLS #2250709
- Cost1450000
- MLS #2250709
- Acres0.1354
- Lot DescriptionAlley
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)186
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-03 22:22:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Richard Riley (#NWM95199)
Listing Office: Ewing & Clark, Inc. (#NWM7044)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
