$1,450,000
For Sale

3315 W Ruffner Street

Seattle, WA 98199
Listing OfficeEwing & Clark, Inc.
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

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)185
Brad Wakeman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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