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    OFF-MARKET
    Residential income homes

    211 Pope St, Golconda, IL 62938

    1,184 SF
    Property ID
    US28-4073508
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 211 Pope St in Golconda, Illinois, presents a unique investment opportunity. The 1,184 square foot, 1.5-story home sits on a 6,157 square foot lot and is zoned residential. Completely updated, it boasts new windows, electrical system, plumbing, split unit HVAC systems, and flooring. All appliances are included. Its prime location offers proximity to the Golconda Marina and the Ohio River, making it ideal for recreational enthusiasts. The property's versatility allows for various income streams, including long-term rentals or short-term rentals via platforms like Airbnb or VRBO. The asking price is $135,000, translating to $114.02 per square foot. This turnkey property requires minimal investment and offers immediate potential for rental income or Airbnb operation. The property consists of one building with one unit, making management straightforward and efficient. Its location in Pope County, Illinois, zip code 62938, provides easy access to local amenities and recreational activities. This is a rare opportunity to acquire a fully renovated property with significant income potential in a desirable location.

    Property profile
    Verified
    Property type Residential income homes
    Total area 1,184 SF
    UPID US28-4073508
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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