Description
Guaranteed rents through HUD Section 8 housing. Well priced 4-plex in Castleford, Idaho. Must sell with the second 4-plex located at 321 Main, MLS#98905358, for a combined price of $995,000. These units have had extensive upgrades in the last few years - windows, roofs, paint, sidewalks, etc., ... Buyer will need to be approved for the HUD program and procure a HUD approved manager or become approved themselves to self-manage. Once you are in the program, you can add additional units anywhere in Idaho as they come available. Low turnover as tenants receive rent assistance based upon ability to pay + a utility allowance. Please do not disturb tenants. Seller may elect to do an IRC Section 1031 Exchange at no cost to buyer. BTVA.
Directions: From Idaho, I-84 to Bliss, S on Hgwy 30 to Buhl, S on N 1400 E to Balanced Rock, W to E2500N, S to E3600N, E to Castleford.
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9BEDS
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0.29ACRES
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4BATHS
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01/2 BATHS
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3,944SQFT
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$126$/SQFT
School Information
Courtesy of Elevate Realty.Description
Guaranteed rents through HUD Section 8 housing. Well priced 4-plex in Castleford, Idaho. Must sell with the second 4-plex located at 321 Main, MLS#98905358, for a combined price of $995,000. These units have had extensive upgrades in the last few years - windows, roofs, paint, sidewalks, etc., ... Buyer will need to be approved for the HUD program and procure a HUD approved manager or become approved themselves to self-manage. Once you are in the program, you can add additional units anywhere in Idaho as they come available. Low turnover as tenants receive rent assistance based upon ability to pay + a utility allowance. Please do not disturb tenants. Seller may elect to do an IRC Section 1031 Exchange at no cost to buyer. BTVA.
Directions: From Idaho, I-84 to Bliss, S on Hgwy 30 to Buhl, S on N 1400 E to Balanced Rock, W to E2500N, S to E3600N, E to Castleford.
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