131 Broadway Street,Charlotte, IA 52731
Charlotte, IA 52731
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.
Details
| MLS # | QC4264204 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 444 |
| Listing Provided By | Coldwell Banker Howes & Jefferies REALTORS | Dennis Lauver |
Features
| Zoning | Comme |
|---|---|
| Acreage | 3.00 |
Interior
| Heating | Propane |
|---|---|
| Fireplaces Total | 0 |
Parking
| Parking Features | Gravel |
|---|
Utilities
| Utilities | Other |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 478 |
Area Information
| State | IA |
|---|---|
| County | Clinton |
| City | Charlotte |
| Zip Code | 52731 |
| Area | Charlotte |
| Community Name | Heiar Hill Park |
| School District | Northeast |
| Elementary School | Northeast |
| High School | Northeast |
| Listing VS Median (in Heiar Hill Park) | |
Price: $230,000 low | high Med: $0 On site: 444 low | high Med: | |
Market Activity 52731
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Learn More About This Property
| State | IA |
|---|---|
| County | Clinton |
| City | Charlotte |
| Zip Code | 52731 |
| Area | Charlotte |
| Community Name | Heiar Hill Park |
| School District | Northeast |
| Elementary School | Northeast |
| High School | Northeast |
| Listing VS Median (in Heiar Hill Park) | |
Price: $230,000 low | high Med: $0 On site: 444 low | high Med: | |
