3315 W Ruffner ST Active Save Request In-Person Tour Request Virtual Tour
Seattle,WA 98199
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
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
Exterior
Utilities Available Community,Natural Gas Available,Electricity Connected
Waterfront No
View Y/N No
Building
Lot Description Alley
Sewer Available
Water Available
Schools
School District Seattle
Others
Acceptable Financing Cash Out
Listing Terms Cash Out