property in bad area with little potential for profit

[Susan L mann]

We are a non-profit in NJ that was deeded a property in East Chicago, IN. We are being told by the attorney the area is known for water quality problem & gang violence and the house is in bad shape. There appear to be several building code violations, and I suspect the house isn't what HUD would consider to be habitable. The realtor is asking for money up front to market it.
  We do not want to spend money on this property and am concerned that the outlay of funds could easily eat up any profits made from the sale of the house.

 What would be your advice for us to quickly move on this?