This over-sized lot in an R-6 on Elm St has plans already approved for 2 condo units totaling over 8,800 s.f. At the present time you have nice flat backyard and there is plenty more space for a second backyard on a second terrace.
This is the land that everyone is looking for. The original house could also be renovated and substantially expanded for a quick flip.
Plans also exist for a large single family home.
Bottomline you can start construction very quickly and you have a hot market for in town living.

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