321 Main Street

Guaranteed rents through HUD Section 8 housing. Well priced 4-plex in Castleford, Idaho. Must sell with the second 4-plex located at 439 Maple, MLS#98905356, for a combined price of $1,200,000. 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.