3315 W Ruffner ST Active

Seattle,WA 98199

$ 1450000

8 Beds

4 Baths

3560 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $407

Subdivision Magnolia

MLS Listing ID 2257616

Style 52 - Duplex

Bedrooms 8

Year Built 1993

Annual Tax Amount $10,418

Lot Size 5,900 Sqft

Property Description

Four unit apartment building that has a great corner lot with alley access and 4 units in 2 buildings that are 3 blocks from Magnolia Playfield and seven blocks from the Magnolia shopping center.The apartment house is on an alley with 4 parking stalls for the units off the alley. Each unit is a spacious 2 bedroom and 1 bath with washer/dryer and dishwashers. The 5900sf lot also has the potential for development in the future and at this time the city of Seattle will allow 5 townhomes to be built under LR1 (M) zoning. The current apartment houses have 4 units that currently produce an annual NOI of $63,814 with an upside in rents for the units for the future.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Carpet

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Available

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out

Listing Terms Cash Out

View More
Favorite Go Tour