203 Elmer Ave, Schenectady, NY 12308

Rehabbers dream, needs some work, but great bones! ARV of $190-215k in this beautiful neighborhood. It's an up and down beautiful victorian duplex, at 2240 sq. ft. Detached double garage in the back. full porch on the front, with an small upper porch. It had a fire off of the back two story porch, the fire ran up the back of the exterior and into the attic. minor roof damage to the slate. We've had a licensed Engineer inspect and write up a report as to what needs to be rectified to get it back for occupancy. The city requires that the inspection report will be followed, repairs made, and will then give occupancy approval. Fire remediation - The back double deck will need to be fully rebuilt (6' x 11' two story deck), as will 22-27 roof rafters need to be replaced, sistered. There are a few joists above the deck area and some exterior framing that will need to be replaced, as well, and back wall exterior clapboard. Interior was mostly spared from the fire, as it went up the exterior of the house, some minor electrical will need to be replaced. Mechanicals in basement are good. Engineer report will be included in the purchase. Comps in the area for a fully rehabbed duplex are $190-215k, depending on the finish. We are asking $60k, cash. Let me know if you'd like to have a showing