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.
Information herein deemed reliable but is not guaranteed. Interested parties should obtain independent property reports. Neither the listing broker nor the internet publisher shall be responsible for errors.