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 $1,000,000. 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.
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 $1,000,000. 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.
Castleford is located in Idaho. Castleford, Idaho has a population of 195. Castleford is less family-centric than the surrounding county with 31.82% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Castleford, Idaho is $29,583. The median household income for the surrounding county is $49,118 compared to the national median of $57,652. The median age of people living in Castleford is 39.3 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 10.6 inches per year, with 15.4 inches of snow per year.