7227 Possum St Mount Vernon, OH 43050
This exceptional 3,250 square foot special purpose property, located at 7227 Possum Street in Mount Vernon, Ohio, presents a rare investment opportunity. Built in 1900 and extensively renovated in 2024, this property sits on a generous 88,862.4 square foot lot (over two acres) offering significant road frontage. Currently operating as a successful Airbnb, its prime location is adjacent to the scenic Chapel Hills Golf Course. The interior boasts high-end finishes including Amish-made cabinetry and woodwork, Pella windows and doors, a gas fireplace, and impressive 12-foot ceilings. Three bedrooms, including a master suite, and two full bathrooms with radiant heated floors provide ample living space. The property also features a large, 1,500 square foot patio complete with a gas fire feature, perfect for relaxation and entertaining. The net rentable square footage is 1,300 square feet. The asking price is $439,900, translating to $338.38 per square foot. All furnishings are negotiable. Zoned commercial, this property offers versatility and significant potential for various uses. This is a truly unique opportunity in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.