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31228 28th Avenue S

Federal Way, WA 98003
  • $1,200,000
  • STATUS: Pending
  • ON SITE: 529 Days
  • ID#: 1757212
Under Contract
UPDATED: 240 min ago
$1,200,000
  • 2
    BEDS
  • 0.95
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,150
    SQFT
  • $1,043
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1943
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing Courtesy of Blue Emerald Real Estate Co.: 253-250-0400.


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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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-09-25T00:15:42.27. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-09-25T00:15:42.27. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
pnw.sourcerealestate.com/homes/116081395
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31228 28th Avenue S Federal Way, WA 98003

  • Price: $1,200,000
  • Status: Pending
  • On Site: 529 Days
  • Updated: 240 min ago
  • ID#: 1757212
2
Beds
1
Baths
0
½ Baths
0.95
Acres
1,150
SQFT
$1,043
$/SQFT
1943
Built
Neighborhood:
Steel Lake
County:
King
Area:
Dash Pt/Fed Way
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Federal Way
Property 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.
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 1 Entry Location Main Exterior Features Wood Garage YN Yes Levels One Open Parking YN No Parking Features Detached Garage Parking Total 1 Roof Composition Structure Type House Style Code 10 - 1 Story View YN No Waterfront YN No

Interior Features

Appliances RefrigeratorStove/Range Appliances Included RefrigeratorStove/Range Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 1 Baths Full Upper 0 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 0 Baths Three Quarter Upper 0 Bedrooms Lower 0 Bedrooms Upper 0 Building Area Total 1150 Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features Wall To Wall CarpetWater Heater Living Area 1150 Main Level Bedrooms 2 Rooms Entry Hall (Main Level) Bathroom Full (Main Level) Bedroom (Main Level) Bedroom (Main Level) Living Room (Main Level) Kitchen With Eating Space (Main Level) Utility Room (Main Level) Square Footage Finished 1150 Square Footage Unfinished 0

Property Features

Association Fee 0 Building Information Built On Lot Bus Line Nearby Yes Cumulative Days On Market 346 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details See Remarks Inclusions RefrigeratorStoverangeLeasedequipment Irrigation Water Rights YN No Leased Equipment None Listing Terms Cash OutConventional New Construction YN No Possession Closing Power Production Type Electric Property Condition Average Property Sub Type Residential Senior Community YN No Senior Exemption No Sewer Available Special Listing Conditions None Tax Annual Amount 7751 Tax Year 2020 Utilities Electricity Available Water Heater Location Laundry Room Water Heater Type Electric Water Source Public Year Built Effective 1943 Zoning Description Rm2400 Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Source Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-09-25T00:15:42.27. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-09-25T00:15:42.27. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Northwest MLS logoListing Courtesy of Blue Emerald Real Estate Co.: 253-250-0400.