The value is in the land. This property makes for a fantastic investment opportunity. Federal Way has indicated they would allow a short plat of 3 lots with a 25' wide easement road. Buyer to verify all conditions. Potential to build 3 homes. Adjacent property has already been subdivided and developed. There is an occupied 450 SQ FT 1 bd 1 bth house on the property with tenants. Seller will allow access to home after acceptance of offer. Neighboring new homes are in the $4-$500,000 value.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
