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427 S Union Avenue, Alliance, OH 44601

$249,900
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BEDS4 BATHS2 full SQUARE FEET2,436 MLS#5155063
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAlliance SCHOOLAlliance City

Property Description

SIGNIFICANT PRICE IMPROVEMENT! Unique Investment Opportunity with Endless Potential! This one-of-a-kind property offers a rare combination of residential income and exceptional workspace, making it an outstanding opportunity for investors, owner-occupants, contractors, mechanics, hobbyists, or entrepreneurs. The property features a spacious possible 2-bedroom unit and a 3-bedroom unit, creating immediate income potential or the flexibility to owner-occupy one unit while leasing the other. There is a 3rd floor that could be considered a 4th bedroom or additional living space to second floor. Attached to the building is an impressive 24' x 82' workshop/garage, offering nearly 2,000 square feet of additional space with endless possibilities. Whether you envision extra rental income through storage or workshop space, a home-based business (subject to applicable zoning and approvals), or simply need room for equipment, vehicles, or projects, this property stands apart from anything else on the market. Inside, you'll appreciate the timeless character and craftsmanship, including beautiful original woodwork, generous room sizes, classic architectural details, and abundant natural light. The property's unique blend of historic charm and functional space creates an opportunity that is difficult to replicate. With multiple potential income streams, flexible living arrangements, and a location convenient to shopping, restaurants, schools, and major routes, this property offers exceptional versatility for a wide variety of buyers. Whether you're looking to expand your investment portfolio, launch a live/work lifestyle, or own a truly distinctive property, this is an opportunity you won't want to miss. Schedule your private showing today and explore all the possibilities this remarkable property has to offer!

427 S Union Avenue | MLS# 5155063

This multi-family property located at 427 S Union Avenue, Alliance, OH 44601 is currently listed for sale with an asking price of $249,900. S Union Avenue is located within the Alliance City school district. Search Alliance real estate on mgrable.progressiveurban.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Concrete, Unfinished
Cooling: Central Air, Ceiling Fan(s)
Garage: 4 car attached
Heating: Forced Air, Fireplace(s), Gas
Lot Size: 0.16 Acres
Roof Type: Asphalt, Fiberglass, Metal
Stories: 3.0
Taxes: $1,960 / year
Year Built: 1902

Amenities

Ceiling Fan(s)
Crown Molding
Private Entrance
Storage

Feature Descriptions

Appliances: Microwave, Range, Refrigerator
Days on Site: 323
Exterior: Vinyl Siding
Parcel#: 00104060
Parking: Attached, Direct Access, Garage, Garage Door Opener, Gravel, Inside Entrance, Oversized, Paved, Garage Faces Rear, RV Access/Parking, Shared Driveway, Garage Faces Side, Storage, Workshop in Garage, Water Available
Sewer: Public Sewer
Water: Public

Local Schools

School District: Alliance City

Listed By / Shown By

Listed By

Agency Name: REMAX Diversity Real Estate Group LLC
Agency Contact: jennifer.dockery@icloud.com, 330-322-0826

Shown By

Agent Name: Melodie Grable
Agent Phone: (216) 870-1024
Agency Title: Progressive Urban Real Estate

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Estimated Payment

$ 792.39 per month $556.17 Principal & Interest $163.33 Property Tax $72.89 Homeowner's Insurance

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