Bought with Best Choice Realty
$1,025,000
$1,200,000
14.6%For more information regarding the value of a property, please contact us for a free consultation.
31224 28th AVE S Federal Way, WA 98003
2,540 SqFt
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $403
Subdivision Steel Lake
MLS Listing ID 2196735
Sold Date 06/14/24
Style 52 - Duplex
Year Built 1961
Annual Tax Amount $9,150
Lot Size 0.947 Acres
Property Description
New Prime opportunity in city of Federal Way! 2 rental houses located in desirable busy Downtown w/ 3 parcels totaling .95 acre (41,236 sf) zoned RM2400 Multifamily.Great opportunity to collect rents while you develop this flat, dry land, access w/ all utilities connected (water, sewer, electricity) gas in street. Immediate access to I-5, HOV on/off ramps & conveniently close to Hwy 167, 18 w/ walking distance to shopping, FW mall, Steel Lake, restaurants & most importantly the new Sound Transit Light rail & bus station This is a remarkable opportunity, allowable usages include zero lot line townhouses, multifamily dwelling stack units, senior housing & more!This site receives good exposure with 157' of frontage on 28th Ave. & backs to I-5.
Location
State WA
County King
Area 110 - Dash Point/Federal Way
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Amenities Available Cable TV, Fenced-Partially, Gas Available, High Speed Internet
View Y/N Yes
View Mountain(s), Territorial
Roof Type Composition
Building
Lot Description Open Space, Paved, Value In Land
Sewer Available
Water Public
New Construction No
Schools
School District Federal Way
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.