Homes for sale - 131 BROADWAY ST, Charlotte, IA 52731

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Jimmy Rule

jimmy@yoursummitteam.com +1(309) 868-1929

Listed by Dennis Lauver • Coldwell Banker Howes & Jefferies REALTORS

$ 230,000

Est. payment | -/mo

3 Acres Lot

Save

$ 230,000

Est. payment | -/mo

Save

3 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots & Land

Listing Status Active

Purchase Type For Sale

Subdivision Heiar Hill Park

MLS Listing ID QC4264204

Annual Tax Amount $470

Tax Year 2023

Lot Size 3.000 Acres

Acres 3.0

Lot Dimensions 490 x 492 x 327 x 227

Property Sub-Type Lots & Land

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 Commercial

Direction From the post office, go north and look on the west side of the street

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Other, Propane - Rent, Propane

View true

Street Surface Gravel,Private Road

Garage 1

Building

Lot Description Extra Lot, Wooded

Faces From the post office, go north and look on the west side of the street

Water Public Sewer, Public

Schools

Elementary Schools Northeast

Middle Schools Northeast

High Schools Northeast

Others

Tax ID 62-0026-0000

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(309) 868-1929

jimmy@yoursummitteam.com

6035 N Knoxville Ave Suite 102A, Peoria, Illinois, 61614, United States

131 BROADWAY ST Charlotte, IA 52731