REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Dennis Lauver • Coldwell Banker Howes & Jefferies REALTORS
$ 230,000
Est. payment /mo
Active
131 BROADWAY ST Charlotte, IA 52731
3.1 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID QC4264357
Annual Tax Amount $470
Lot Size 3.100 Acres
Acres 3.1
Lot Dimensions 490 x 492 x 327 x 227
Property Sub-Type Commercial
Source rmlsa
Property Description
The buyer has two paths to make a solid ROI at this property: - A mobile home park (with 7 rentals) are included. More room is available to grow the park. Annual water, sewer, trash and recycling expenses are $6,000. Title tags on trailers are $350. It's been over 2 years since a rent increase so the opportunity exists to increase revenue! Lot 1: $300 monthly lot rent. Lot 2: $600 monthly lot rent. Lot 3 & 4: $650-700 monthly rent. Lot 5 is empty but could charge $250 to $300 for monthly rent. Lot 6: $550 monthly lot rent. Lot 7: $600 monthly lot rent and Lot 8: $650 monthly lot rent. The unit closest to Broadway is owned by the people living in it. The rest are part of this property and included in this sale. - Convert the approximately 3 acre site to a residential development and build housing to take advantage of the strong market demand for housing in a rural setting like Charlotte. The natural and wooded view from the site will be very attractive to people wanting to build a home.
Location
State IA
County Clinton
Area Qcara Area
Zoning Residentia
Direction From the post office, go north and look on the west side of the road
Interior
Heating Forced Air
Cooling Multi Units
Flooring Carpet, Tile
Fireplace N
Exterior
View true
Roof Type Metal
Garage 1
Building
Faces From the post office, go north and look on the west side of the road
Sewer Public Sewer
Water Municipal/City
Structure Type Steel Frame
Others
Tax ID 62-0026-0000
