$1,200,000
Pending

31228 28th Avenue S

Federal Way, WA 98003
1150 sqft | 2 beds | 1 bath | #2029270
Courtesy of Blue Emerald Real Estate Co.

Description

Rare investor opportunity for condominium, multifamily, and/or commercial development situated in desirable King County location within walking distance to mass transit. With Steel Lake Park and Truman High school as neighbors and easy freeway access, this property has massive income potential. Site infrastructure is underway for Sound Transit in the back of the property. This property also provides immediate income with two single-family houses that transferred so you can collect income while preparing for the development of the highest and best use. Make this investment shine by developing it to its highest potential!This rare opportunity won't last long so start planning and submit your offer today.
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  • Interior Details
    • Beds & Baths
      • Bedrooms:2
      • Bathrooms:1
      • Full Baths:1
    • Interior Features
      • Interior:Wall to Wall Carpet, Water Heater
  • Property Details
    • Property
      • Exterior materials:Wood
    • Measurements
      • Acres:0.9466
      • Square Feet:1150
    • Parking
      • Garage spaces:1
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:10 - 1 Story
    • Condition
      • Year built:1943
    • Material information
      • Foundation:See Remarks
  • Utilities / Energy Details
    • Utility
      • Sewer information:Available
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Federal Way
      • Elementary School:Buyer To Verify
      • Middle School:Buyer To Verify
      • High School:Buyer To Verify
      • County:King
    • Community
      • Subdivision:Steel Lake
  • Financial Details
    • Pricing Details
      • Buying Agency Compensation:2.5
      • Original List Price:$1, 200, 000
      • Annual taxes:$7, 751
  • Other
    • Source
      • MLS #:2029270

Location

Doug WalkerReal Estate Group
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