R3 lot for Sale. Developers/Builders Dream. Property is going to be delivered with Permit Ready to be Issues (RTI) and Approved Plans to build 5 Townhome Style apartments, each unit averages about 1240 sqft, with 3 Bedrooms/3 bathrooms, Two-Story high. Total building height is 35', Three Stories high including first level as parking (11 spaces including ADA), Trash bin area, Bike rack room, Recycling/office room, Lift (ADA) area and more. No need to start the planning, approval and wait a year!! Plans submitted. There is an existing upgraded Triplex (plus converted Garage to a 4th unit) on the property that is to be Demolished. Demolishing Permit at hand. All Plans, Approval, Permits and even Bids to build (Construction Cost Estimate) are available for your Review before building. An investor may choose to Lease and make an immediate income of $5800 a month for a while, before building. The Existing Triplex is completely operational with 4 power and 4 Gas meters.