5094 Labounty

    Ferndale, WA 98248
    • $2,975,000
    • STATUS: Active
    • ON SITE: 138 days
    • ID#: 1481582
    UPDATED: 75 min ago
    $2,975,000
    • 0
      BEDS
    • 25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Real Estate Whatcom.

    Description

    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.

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    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 Capstone Ventures Real Estate Inc are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-13T20:16:03.997.

    www.capstoneventuresinc.com/homes/96343674

    5094 Labounty Ferndale, WA 98248

    • Price: $2,975,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: 1481582
    0
    Beds
    0
    Baths
    0
    ½ Baths
    25
    Acres
    Neighborhood:
    Ferndale
    County:
    Whatcom
    Area:
    Ferndale/Custer
    School District:
    Ferndale
    Property Description
    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.
    Exterior Features

    Lot Details Paved Street Property Features Lightly TreedPasture Land Road Information Paved Style 42 - Multi-Family Topography Level

    Property Features

    Bank Owned No Electricity On Property Form17 Provided Gas Available Available General Zoning Classification BusinessCommercialMulti-Family Possession ClosingSub. Tenant's Rights Right Of First Refusal No Senior Exemption N Septic Approved For Number Of Bedrooms 0 Sewer In Street Tax Amount 5016 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Water In Street Water Jurisdiction City Of Ferndale Zoning Jurisdiction City Zoning Remarks Rmm / Gb

    Listing information © 2019 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 Capstone Ventures Real Estate Inc 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 Capstone Ventures Real Estate Inc are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-13T20:16:03.997.

     
    Capstone Ventures Real Estate Inc
    5400 Carillon Point
    Kirkland WA, 98033
    Listing Courtesy of Windermere Real Estate Whatcom.