Advice on deal

[Gabriel Godet]

"Special financing available in Red Bay on new property which may be situated as two units or one large home. Evaluated at $535,000. Seller to pay 10% down payment, stamp, bank & legal fees plus $50,000 back at closing. No money down required. Or purchase at just $375,000 with no seller incentives.

Property has 3 bedrooms, 2.5 baths, garage, front & rear covered porches plus 2000 square feet on the first level and 2 bedrooms, 2 baths and 1500 square feet. Property is constructed whereby units may be separated with independent entrances or combined as one large unit of 3500 square feet with 5 bedrooms and 4.5 baths."

What do you guys think about this deal?

Any feedback would be greatly appreciated.