31016 28th s

Opportunity in Federal Way! Large, level, 2.14 acre lot near Steel Lake & S.L. Park. Currently a cozy 1 bed 1 bath 720sqft home on property W/long term tenant. Water, Electricity & Sewer are to the house. Tenant would like to stay on during development & planning, which could mean added bonus income for savvy builder during permitting. Zoned Single-Family Residential – RS7.2 - allows for variety of home styles. Incredible easy access to I-5, Hwy167, Hwy18 & the mass transit bus terminal as well as the Sounder train in Auburn plus easy/quick access to major shopping & entertainment opportunities. Site infrastructure is underway for Sound Transit along the back of the property. Heavily wooded, timber possible to be harvested for added income.