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.
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