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Listed by Ewing & Clark, Inc.
$ 1,450,000
Est. payment /mo
Active
3315 W Ruffner ST Seattle, WA 98199
8 Beds
4 Baths
3,560 SqFt
UPDATED:
12/04/2024 06:28 AM
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
Lot Dimensions 50 x 118
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
Interior Features Wall to Wall Carpet
Flooring Carpet
Fireplace false
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
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.