2406 S Union Avenue | Alliance
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.\r\n\r\nThe 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 \u2014 providing stability and consistent weekly \u0026 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.\r\n\r\nAll 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 \u2014 close to campus, shopping, dining, and major roadways \u2014 ensuring continued high demand and reliable occupancy.\r\n\r\nPerfect for investors seeking a proven performer or a 1031 exchange opportunity. MLSNow 5167530 Directions to property: Corner of South Union and Conrad Place.

