About 3315 W Ruffner Street
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.
Features of 3315 W Ruffner Street
| MLS® # | 2257616 |
|---|---|
| List Price | $1,450,000 |
| Sale Price | $1,225,000 |
| Price Per SqFt | $344 |
| Bathrooms | 0.00 |
| Square Footage | 3,560 |
| Acres | 0.14 |
| Year Built | 1993 |
| Type | Income |
| Sub-Type | Multi Family |
| 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
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Corner Lot |
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 346 |
|---|---|
| Cumulative Days on Market | 346 |
| Days on Website | 147 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |