Unique Opportunity. Buy into Historic Tax Credit Project. $250,000 in state and federal historic credits potential for qualified investor in LLC. Project will compose of 4 unit mixed use property. 3 residential apartments and 1 commercial space. All systems brand new. Enterprise Zone Grants available. The real estate and credits are for sale through ownership in the project's LLC. Investor must buy into LLC prior to Sept in order to get State and Federal Tax Credits. Credits can be used for up to 10 years. The Building also has 10 year real estate tax abatement with the City of Richmond. Property is located in Enterprise Zone and eligible for several programs. Placed in Service date is projected for Sept 2019.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
