85 HIGHLAND AVE

Vacant land opportunity in a prime location! Explore the potential of this R-1 zoned property that allows for 2 units without a variance. However, there are exciting options to maximize its potential. Take advantage of the recently passed "Affordable Housing Overlay" which enables building code-compliant units while accommodating as many as possible, with a requirement of 10% affordable units. Consult with an architect to determine the ideal unit count within the building code limits. Alternatively, keep an eye on the upcoming zoning changes set to go before the city council. If approved, the R-1 density standard will increase to an impressive 42 units per acre, granting a potential of 7 units for the 85 Highland location. Moreover, if the building is deemed historic and undergoes rehabilitation, the new zoning permits an impressive 75 units per acre, offering a remarkable opportunity for 12 units. Don't forget, the R-1 zoning allows for a maximum of 3 stories in height, providing flexibility for vertical development. Act now to seize the potential of this vacant land!