Bought with ZNonMember-Office-MLS
$1,225,000
$1,450,000
15.5%For more information regarding the value of a property, please contact us for a free consultation.
3315 W Ruffner ST Seattle, WA 98199
8 Beds
4 Baths
3,560 SqFt
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,560 sqft
Price per Sqft $344
Subdivision Magnolia
MLS Listing ID 2257616
Sold Date 05/15/25
Style 54 - 4-Plex
Bedrooms 8
Year Built 1993
Annual Tax Amount $10,418
Lot Size 5,900 Sqft
Lot Dimensions 50 x 118
Property Sub-Type Multi Family
Property 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.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Flooring Carpet
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot
Sewer Available
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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