Caroline Ruhl
- Buy
- Sell
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.
Property Highlights
Property Type: Land - Residential
Total Acres: 3.00 Acres
Utilities: Other
General Information
County: Clinton
Listed By:
Coldwell Banker Howes & Jefferies REALTORS
563-242-3265
MRED MLS
MLS ID: QC4264204
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131 Broadway Street, Charlotte, IA 52731.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $230,000 | $230,000 | $230,000 |
| Down Payment | $46,000 | $8,050 | $57,500 |
| Monthly Mortgage Amount | $1,088 | $1,354 | $1,398 |
| Taxes | $320 | $320 | $320 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $101 | $0 |
| Monthly Estimated Total | $1,508 | $1,875 | $1,818 |
About this area
About Charlotte
Charlotte, IA is a small rural community that offers a quiet, close-knit lifestyle surrounded by open farmland and rolling countryside. The area appeals to residents who value simplicity, space, and a slower pace of life. Daily living in Charlotte is shaped by strong community ties and a peaceful setting, while nearby towns provide access to additional services, shopping, and employment. The surrounding landscape creates opportunities for outdoor enjoyment, including walking country roads, gardening, and appreciating Iowa’s agricultural scenery.
Real estate in Charlotte reflects its rural character and affordability. Housing options primarily consist of single-family homes, many set on larger lots that provide ample outdoor space and privacy. Buyers will find modest ranch-style homes, traditional two-story houses, and older residences with long-standing local character. Properties often include detached garages, sheds, or outbuildings, which appeal to buyers seeking storage or workspace.
The area surrounding Charlotte offers additional real estate opportunities in the form of acreage properties and farm-adjacent homes. These options are well suited for buyers interested in hobby farming, gardening, or simply enjoying wide-open views and minimal development. The housing market is generally accessible, making Charlotte attractive to first-time homebuyers, retirees, and those looking to reduce housing costs while gaining more land.
Charlotte’s appeal lies in its simplicity and sense of community. While it does not offer urban density or large-scale development, it provides a comfortable and grounded way of life. With its affordable homes, spacious lots, and rural setting, Charlotte is an appealing choice for buyers seeking quiet living and a strong connection to the land in eastern Iowa.
If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Charlotte, IA. You can also contact us—we are here to help!
Caroline Ruhl
REALTOR®
Office: (563) 441-1776
Cell: (563) 441-1776
Licensed in IA & IL
Corporate Office
5704 Utica Ridge Road
Davenport, IA 52807
(563) 441-5200
Davenport, IA 52807
(563) 441-5200
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