Listing Courtesy of: Northwest MLS / Windermere Real Estate Whatcom
$2,975,000
25
ACRES
  5094 Labounty Ferndale, WA 98248
Active (120 Days)

Comments

Major Multi-Family Development site located in South Ferndale near City limits of Bellingham. This 25+ acre site is zoned for 30 MF units per acre. Nice level land is ideal for surface parked multi-family. Serviced by City of Ferndale, water and sewer. Current rental properties provide $65,000 in annual income to offset holding costs during planning and permitting.

MLS #
1481582
Taxes
$5,016 (2019)
Lot Size
25 acres
Type
Land
Style
Multi-Family
School District
Ferndale
County
Whatcom County
Community
Ferndale
Bathroom Details
Lot Information
  • Paved Street
Utility Information
  • Sewer: In Street
Additional Listing Info
  • Selling Office Commission: 2.5
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Mary Kay Robinson
Mary Kay Robinson