$1,200,000
Pending

31228 28th Avenue S

Federal Way, WA 98003
Courtesy of Blue Emerald Real Estate Co.
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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 Highschool 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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  • Property Details
    • Measurements
      • Acres:0.9466
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:40 - Res-Less thn 1 Ac
  • Utilities / Energy Details
    • Utility
      • Sewer information:On Property
      • Utility source:On Property
      • Utility features:Electricity Connected, Septic Design Installed
  • 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
      • Original list_price:$1, 200, 000
      • Selling office_commission:2.5
      • Annual taxes:$7, 751
  • Other
    • Source
      • MLS #:1757721

Location

Bruce FultonBruce Fulton
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