307 N 9TH ST Payette ID 83661-2419

Price reduced again! Fulfill your 1031 exchange or cashflow investment goals all in one property. You can own a piece of history as well as a fantastic stabilized investment opportunity. A lovely 2 bedroom townhome, ten classic, always rented apartments with a majestic brick home on the National Historical Register. The David C. Chase Home, built with style in 1893, features stained glass, a turret with weather vane, pristine woodwork, staircases and banisters are intact. This fine home can be your residence, several offices, a bed and breakfast, event center, restaurant, or whatever you have always wanted.

2.,941+/- Square Foot Historic Chase House (1893)

10 Apartment Units (9 1bd/1ba & 1 2bd/1ba)

1 Two-story Townhome Unit

Half an acre on a corner lot with majestic trees

Endless possibilities

Own a piece of history as well as a fantastic stabilized investment opportunity. A lovely 2 bedroom townhome, ten classic, always rented apartments with a majestic brick home on the National Historical Register. The David C. Chase Home, built with style in 1893, features stained glass, a turret with weather vane, pristine woodwork, staircases and banisters are intact. This fine home can be your residence, several offices, a bed and breakfast, event center, restaurant, or whatever you have always wanted. The townhome on the same property can serve as your residence or a high-end rental while you manage the rest of the property. Or keep them all rented for maximum income.

2,941 +/- square foot historic Chase House

8.79% Further Improved CAP Rate on Current Rent and 2018 Expenses (includes Seller guarantee of $2,000 per month rent for Chase House for up to 12 months after closing)

Endless opportunities

Fully leased 11 unit apartment building