Don't miss this multi-family development opportunity in Algiers! This large 0.86-acre parcel measures 266' x 141' (37,506 sq. ft.). The property is zoned S-RM1 (suburban multi-family), and application for re-subdivision is currently in progress. There is a total of 5 proposed lots available. Each proposed lot measures 53.2' x 141' (7,501 sq. ft.). Current zoning would allow up to 6 dwelling units on each proposed lot. Priced at $29,000 per lot. Whether your intent is to build or simply add to your investment portfolio, this is an excellent opportunity for developers, builders, and investors alike. Bond-for-deed available. Owner / Agent.