MLS: 2016871 | CITY: Ferndale
Home on Acreage 3 BR | 2.00 BA | 1188 SF | $489,900
661540

8.5 ACRES & 1,188 SQFT HOME 

Possible Owners contract with 10% Cash Down payment - Balance starting at 5% interest. Fantastic Opportunity! The parcel is 8.55 acres. 3 Bedrooms, 2 Baths 1, 188 SQFT Home Not for the Faint of Heart. (rental/investment property for years). Anticipate updating just about everything. Possible Terms: List Price of $489, 900 less $49, 900 (10%) Leaving a Balance of $440, 000. 1st year interest 5% - interest only monthly payment $1, 833, 2nd year at 6% or $2, 200 Monthly & 3rd year at 7% or $2, 567 Monthly. Great situation for someone looking for a fixer-upper home on acreage, in the path of progress with Possible Future Long Term Development. Zoned Residential Single Family 8.5 (1 home per 8, 500 SQFT) within the Ferndale City Limits

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