$1,450,000
For Sale

3315 W Ruffner Street

Seattle, WA 98199
3560 sqft | 0.14 acres | #2257616
Listing OfficeEwing & Clark, Inc.
Browse 13 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Property Details
      • InteriorWall to Wall Carpet
      • FoundationPoured Concrete
      • Date ListedJune 20, 2024
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Style52 - Duplex
      • Lot DescriptionCorner Lot
      • Original List Price$1,750,000
      • Sewer InformationAvailable
      • SubdivisionMagnolia
      • School DistrictSeattle
      • Taxes Annual$10,418
      • MLS #2257616
      • Cost1450000
      • MLS #2257616
      • Acres0.1354
      • Structure TypeDuplex
      • Exterior MaterialsWood
      • Square Feet3560
      • Year Built1993
      • CountyKing
      • Days on Market (Cumulative)191
      • Stories2
Larry MorritReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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.

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