6420 Malloy Rd is a $479,000 property on a 8.55 acre lot located in Ferndale, WA.
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.
None Third Party Approval Required
Based on information from the Northwest Multiple Listing Service (NWMLS), last updated 09/16/2019 at 10:36pm MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website. Disclaimer: The information contained in this listing has not been verified by Keller Williams Western Realty and should be verified by the buyer. See full DMCA disclaimer