Looking for a summer project?  This home in South Bellingham offers a lot of pluses with some projects needed.  Pluses: The home has a roof that is less than 10 years old, windows that are approx 5 years old, chimney approx 4 years old, furnace and hot water heater are approx 5 years old and new carpet less than a few months old. Projects: The kitchen has been gutted but never remodeled and needs septic (cesspool).  There is some knob and tube in basement but unsure whether active or not.   Electrical service is 100 amp.  Traditional mortgage probably not an option since the home is inhabitable but cash or rehab loan will work.  Basement gets water and has a sump pump. This will be subject to a short sale approval by the reverse mortgage company so unknown as to turntime of a closing date.  There is a total of two liens on the property. To be sold AS-IS.