Discover this newly renovated 3-bedroom, 1-bathroom home in Philadelphias evolving Kensington neighborhood. More than just a comfortable living space, this property presents a rare opportunity for homeowners, investors, and developers alike. Located at 2735 N. Waterloo Street, this charming home has been recently updated, offering modern comfort while preserving its character. Whether you're looking for a move-in-ready residence, a rental property, or a long-term investment, this home is a fantastic choice. What truly sets this property apart is the inclusion of five adjacent lots, each with its own tax ID, creating endless possibilities for expansion or development. These lots are being sold as a package deal and are located at: 2733 N. Waterloo St. (Tax ID: 071080100), 2737 N. Waterloo St. (Tax ID: 071080300), 2739 N. Waterloo St. (Tax ID: 071080400), 2741 N. Waterloo St. (Tax ID: 071080500), and 2743 N. Waterloo St. (Tax ID: 071080600). As of 2025, the real estate taxes for each vacant lot are $163.78. With these combined properties, the potential is limitlessbuild additional homes, expand your living space, create a community garden, or design a private outdoor retreat. Conveniently located with easy access to public transportation, major roadways, and local amenities, this property offers both immediate comfort and future growth potential. Dont miss out on this rare investment opportunity! Note: One of the owners is a licensed PA real estate agent.