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3315 W Ruffner St

0.13 Acres of Residential Land Offered at $1,450,000 in Seattle, WA 98199

Investment Highlights

  • Corner Lot
  • Possibility of 5 townhomes

Executive Summary

The apartments have a NOI of $63,814 per year and 3.65 cap.

Property Facts

Price $1,450,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.13 AC

1 Lot Available

Lot 6821101845

Price $1,450,000
Price Per AC $11,153,846
Lot Size 0.13 AC

Corner Lot in Magnolia with LR1 (M) within walking distance of the Magnolia Town Center. Access to both alley and Street. Ability to build 5 townhomes on the property(1,150sf per townhome).

Description

Corner Lot in Magnolia with LR1 (M) within walking distance of the Magnolia Town Center.

zoning

Zoning Code LR1 (M) (Residential, Multifamily, Lowrise 1)
LR1 (M) (Residential, Multifamily, Lowrise 1)
  • Listing ID: 32139576

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: 3315 W Ruffner St, Seattle, WA 98199

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