Incredible development opportunity in South Kensington on the border of Northern Liberties. This is a shell property ready for conversion into a triplex with 3 2 bedroom apartments. Architectural plans are in process of being submitted for building permits. Zoning is RM1 and the lot size is 1359 SF so this is a by-right triplex project. The property is only a few steps from Girard Ave with high demand for rental units. Unit breakdown is 2bd/2ba, 2bd/1.5ba, 2bd/1.5ba. Projected rents total approximately $6000/month. The new construction triplex building next door sold for $745,000 over 3 years ago so there is plenty of upside potential to renovate and do a cashout refi once stabalized. Also condos on the block have recently sold in the low to mid 400 s. Architectural plans can be included in the sale and building permits ready for pickup with acceptable terms.