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131 Broadway Street, 
Charlotte, IA 52731

$230,000


Bed


Bath


-

Sq Ft


3.00

Acres (Lot)


Land

Active

Listed by

Dennis Lauver

563-242-3265

Last updated:

June 16, 2025, 08:12 PM

MLS#

QC4264204

Source:

IL CAAR

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About This Land

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

3.00

MLS #:

QC4264204

Last Updated:

June 16, 2025, 08:12 PM

Added:

4 day(s) ago


Finances & Disclosures

Finances

Price:

$230,000

131 Broadway Street
Source:IL CAAR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.