Value-add opportunity in this 2 bed, 2.5 bath townhouse-style condo in Federal Way, ideal for investors, flippers, or buyers looking to build equity through renovation. Functional two-story layout features dual upstairs bedroom suites, each with its own attached bath - ideal for roommates or rental flexibility - plus a main floor powder room for added convenience. Unit is ready for a full remodel, offering a blank slate to create value. Conveniently located near shopping, dining, parks, major commuter routes including I-5, and light rail access, with easy connections to Seattle and Tacoma, supporting strong rental demand. HOA covers key exterior and common area maintenance, contributing to ease of ownership. Opportunities with this layout, location, and no rental restrictions are increasingly hard to find.