6420 Malloy Rd
Ferndale, WA 98248

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Description

Investment Opportunity. This parcel is 8.55 acres located within the City Limits of Ferndale. Zoned Residential Single Family 4-7 homes per acre. Prior research showed a possibility of up to 31 new residential building lots. Possible owner financing with $148,000 down, leaving balance of $350,000 at 6% interest. Interest only payments would be $1,750 per month (or more at Buyers option) PLUS a 1188 SQFT Double Wide built in 1991 currently rented at $800 per month.

Features

• Area: Ferndale
• Area Number: 870
• Baths: 1
• Bedrooms: 2
• Bedrooms Main: 2
• Building Information: Built On Lot
• County/Area: Whatcom County
• Elementary School: Cascadia Elem
• Energy Source(heat): Electric
• Exterior: Wood Products
• Full Baths: 1
• Full Baths Main: 1
• Heating/Cooling: Forced Air
• High School: Ferndale High
• Listing Status: Pending Feasibility
• Lot Details: Paved Street
• Lot Size: 8.5500
• Lot Topog./Veg.: Level, Partial Slope, Pasture, Sloped
• Manufacturer: Liberty
• Middle School: Horizon Mid
• Parking Type: Off Street
• Power Company: Pse
• Property Type: Single Family Home
• Roof: Composition
• School District: Ferndale
• Sewer: Available, Septic
• Sewer Company: Septic
• Site Features: Fenced-Partially
• Sq.Ft.: 1188
• Square Footage Source: Tax Records
• Stories: Manuf-Double Wide
• Sub Type: Single Family Home
• Water Company: Well
• Water Source: Individual Well
• Year Built: 1991
• Zip Code: 98248
• Zoning Code: Residential S.f. Med