About 3315 W Ruffner Street
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.
Features of 3315 W Ruffner Street
| MLS® # | 2250709 |
|---|---|
| List Price | $1,450,000 |
| Sale Price | $1,225,000 |
| Bathrooms | 0.00 |
| Acres | 0.14 |
| Type | Lot/Land |
| Sub-Type | Land |
| Status | Sold |
Community Information
| Address | 3315 W Ruffner Street |
|---|---|
| Area | 700 - Queen Anne/Magnolia |
| Subdivision | Magnolia |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98199 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Alley |
|---|
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 345 |
|---|---|
| Cumulative Days on Market | 345 |
| Days on Website | 6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |