The anchor property of a unique and profitable 3-property investment portfolio! This mixed-use building offers both residential and commercial income streams, creating a rare opportunity for strong, diversified cash flow. The front portion of the building features a 4-bedroom, 2-bath residential unit currently leased to college tenants. The rear section is a two-level commercial salon occupied by long-term tenants offering hair, nail, and massage services — providing stability and consistent weekly & monthly income. The layout and design of this property make it ideal for continued use as a mixed-use income producer, and the existing tenants create a seamless transition for the next owner. All three portfolio properties sit on the same block and share a large parking lot, providing ample parking and easy management for both residential and commercial tenants. The location is unbeatable — close to campus, shopping, dining, and major roadways — ensuring continued high demand and reliable occupancy. Perfect for investors seeking a proven performer or a 1031 exchange opportunity.
For sale
$320,000
2406 S Union Ave, Alliance, OH 44601
4beds
1,394sqft
Est.:
Single Family Residence
Built in 1941
5,031.18 Square Feet Lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
Commercial salonResidential unitLarge parking lot
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