Good opportunity to purchase an acreage on a hard surface road with recreational appeal and within 20 minutes of Cedar Rapids and Marion. Building Site: Ranch style dwelling in good condition with partially finished basement. Dwelling has four bedrooms and two bathrooms. Includes a machine shed and grain bin. Land: Nice recreational property with timber, a creek, and 11.93 acres enrolled in the Conservation Reserve Program (CRP) that provides $3,848.54 amount of annual income. Buyer must maintain the CRP through the end of the contracts. Multiple deer trails throughout the property. School District: Alburnett School District Taxes: Estimated at $2,012.00. Possession: At time of closing. A survey will be required prior to closing. Exact acres and boundaries will be determined via the survey. Expect closing to be 60 to 90 days after the execution of a purchase agreement. CRP Contracts: Contract # 11258; 7.76 acres; $2,582 in annual income, expires in September, 2026 Contract # 10078; 3.4 acres; $1,080 in annual income, expires in September, 2023 Contract # 1744; 0.77 acres; $186.54 in annual income, expires in September, 2022.
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