Bought with Windermere Real Estate/PSK Inc
$300,000
$375,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
503 1st AVE E Pacific, WA 98047
3 Beds
1.75 Baths
1,250 SqFt
Key Details
Sold Price $300,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $240
Subdivision Pacific
MLS Listing ID 2342993
Sold Date 07/07/25
Style 10 - 1 Story
Bedrooms 3
Full Baths 1
Year Built 1964
Annual Tax Amount $4,286
Lot Size 0.400 Acres
Property Sub-Type Single Family Residence
Property Description
Exciting investment opportunity! This expansive .40-acre corner lot is primed for redevelopment, offering endless potential for multifamily units. Zoned for single-family, RML and light industrial, this property provides multiple lucrative building options (details available through your agent). The existing 3-bed, 2-bath home with a detached shop has been in the same family since 1964 and, while in need of a rehab, could still serve as a charming single-family residence. However, the true value lies in maximizing the lot's potential for multifamily development—a smart move in this growing neighborhood. Don't miss this chance to turn vision into profit! CASH ONLY. Buyer to investigate all info. Call your agent directly for info.
Location
State WA
County King
Area 310 - Auburn
Rooms
Basement None
Main Level Bedrooms 3
Interior
Interior Features Bath Off Primary, Dining Room, Water Heater
Flooring Hardwood
Fireplace false
Appliance Refrigerator(s), Stove(s)/Range(s)
Exterior
Exterior Feature Wood
Amenities Available Outbuildings, Shop
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Paved
Story One
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
Read Less
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.