IA > Charlotte
Charlotte, IA 52731,131 BROADWAY ST
Charlotte, IA 52731,131 BROADWAY ST
Charlotte, IA 52731,131 BROADWAY ST
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Dennis Lauver • Coldwell Banker Howes & Jefferies REALTORS
$230,000
Est. payment /mo
3.1 Acres Lot
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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

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Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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131 BROADWAY ST

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