3315 W Ruffner Street , Seattle, WA 98199

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.

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PROPERTY DETAILS

Mls Id
2257616
Status
Active
Area
Magnolia
Foundation Details
Poured Concrete
Flooring
Carpet
Carport
No
City
Seattle
County
King
Exterior Features
Wood
Fireplace
No
High School District
Seattle
Interior Features
Wall to Wall Carpet
Living Area
0 Square Feet
Lot Features
Corner Lot
Lot Acres
0.1354
Lot Square Feet
5900
New Construction
No
Zip Code
98199
Property Type
Multi-Family
Roof
Composition
Sewer
Available
Waterfront
No
Year Built
1993
Checked For Updates
2024-11-21 00:01:24 PST

Based on information submitted to the MLS GRID as of 2024-11-21 00:01:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.