Homes for sale - 3315 W Ruffner ST, Seattle, WA 98199

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Brad Hanks

[email protected] +1(360) 966-6726

Listed by Ewing & Clark, Inc.

$1,750,000

Est. payment - /mo

5,900 Sqft Lot

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UPDATED:

07/16/2024 06:49 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 Yes

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

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

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Brad Hanks

+1(360) 966-6726

Managing Broker | License ID: 73959

Managing Broker License ID: 73959

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3315 W Ruffner ST Seattle, WA 98199

Brad Hanks

Brad Hanks

Key Details

Location

Interior

Exterior

Building

Schools

Others

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