Perfect for a manageable, “as of right” project. This property is located in the R5 zone that “as of right” you are allowed to build three units that is perfect of a new condo development. Please look through the associated docs for the architectural details and “as of right” possibilities. The property is also livable and can be used as a rental until you are ready to develop the site. It’s the best of both worlds. You can develop right away or rent and land bank until you are ready. Very good fit for 1031 exchange buyers given the flexibility of this property.