About 131 Broadway Street
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.
Features of 131 Broadway Street
| MLS® # | QC4264204 |
|---|---|
| Price | $230,000 |
| Bathrooms | 0.00 |
| Acres | 3.00 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
| Taxes | $478 |
Community Information
| Address | 131 Broadway Street |
|---|---|
| Area | Charlotte |
| City | Charlotte |
| County | Clinton |
| State | IA |
| Zip Code | 52731 |
Amenities
| Parking | Gravel |
|---|---|
| Is Waterfront | No |
| New Construction | No |
| Has Pool | No |
Interior
| Heating | Propane |
|---|---|
| Fireplace | No |
| Has Basement | No |
School Information
| District | 1 |
|---|
Additional Information
| Days on Market | 348 |
|---|---|
| Zoning | Comme |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Howes & Jefferies REALTORS |
|---|