The property is currently vacant.
The seller is willing to hold the mortgage $150,000 with 20% down for 5 years at 5% interest.
17 Units Located In A Newly Proposed Redevelopment Zone Known As The 'Schenectady Gateway Plaza'. Also Located Within The Renowned Historic Stockade District. Property Is Also Located A Few Steps From The Schenectady County Community College Newly Constructed 250 Dorms. Many Updates. There Are 17 One Bedroom Apartments. Potential Rent $500-$550 A Month.
I need cash for dp and rebab.
A Joint Venture would be a good fit.
I plan to contract the property for 5 years and exit with refinance or sell at the new market value
I can secure Rehab financing for this project. Send me Excutive Summary to firstname.lastname@example.org
My investors may be interested. Please forward project details to email@example.com