Multi-family medium density zoned, 2348 SF cozy ranch style home offers potential of up to 21 multifamily units. Very livable home features 4 bedrooms, 1 & 3/4 bath, full kitchen, fairly new furnace, attached double garage and additional room above garage providing extra storage/office space. The future is bright as it can be used to build apartments, condos or multiplexes. Pay mortgage with the rent until developed or occupy and enjoy the sunshine. Next door 1 acre also available, buy both and build 45-50 units Approx. (Verify info with City of Ferndale, Zoning allow 10-30 units per gross acre). Side walk and road is already developed huge savings on development costs, level dry land and easy to build. Grab the opportunity before its gone!
Multi-family medium density zoned, 2348 SF cozy ranch style home offers potential of up to 21 multifamily units. Very livable home features 4 bedrooms, 1 & 3/4 bath, full kitchen, fairly new furnace, attached double garage and additional room above garage providing extra storage/office space. The future is bright as it can be used to build apartments, condos or multiplexes. Pay mortgage with the rent until developed or occupy and enjoy the sunshine. Next door 1 acre also available, buy both and build 45-50 units Approx. (Verify info with City of Ferndale, Zoning allow 10-30 units per gross acre). Side walk and road is already developed huge savings on development costs, level dry land and easy to build. Grab the opportunity before its gone!
Neighborhood
Type
Total Baths
County
Whatcom
Area
870 - Ferndale/Custer
Tax Amount
$4,395
Status
Active
Listing #
2352295
Built
1965
Lot Size
0.75
Listed on site
9 days
Listed by:
HomeSmart One Realty
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-04-07 20:47:47.
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