Vacant two-story building in shell condition with 40-foot-deep interior on the first floor and 15-foot-deep yard. Second floor has one bedroom and bath, however there is plenty of room to renovated and expansion the second floor into a large two bedroom two and half bathroom home. Lot size is 14 feet wide by 56 feet deep. This building could either be renovated or torn down and a three story three-bedroom home built in its place. The current owner has zoning approval for a three-story property with a 6-foot rear yard which could potentially make this a 2300 square foot plus home. Located in the rapidly developing Newbold area of South Philadelphia less than two blocks from Broad Street and three blocks south of Washington Avenue this is an ideal location where there is already plenty of renovated homes and newly constructed properties on the block. Current sales for three story buildings in the area are between $650,000 and $850,000 with two story two-bedroom homes for selling for $400,000. This is an easy money-making development project for any investor.