1520 S Appleton Ave, Independence, MO 64052

Investment Opportunity in the Heart of Englewood's Art District! - 4-Unit Multifamily Property for Sale - $340,000 Property Overview: Located in the vibrant and up-and-coming Englewood’s Art District in Independence, Missouri, this fully-occupied 4-unit multifamily property offers a fantastic opportunity for investors looking to generate steady rental income while being part of a dynamic community. Property Features: Price: $340,000 Units: 4 rental units (1-bedroom, 1-bath each) Parking: Off-street parking available Rents: Unit 1: $850 Unit 2: $850, Unit 3: coming vacant (relisted at $850) Unit 4: $650 Key Features & Updates: Recent updates in 2022 to kitchens and bathrooms including new appliances, cabinets, flooring, windows, and fixtures. Lots of new plumbing. Each unit has spacious layouts, large windows with plenty of natural light, and ample closet space. Separate utilities for each unit (tenants pay their own electric and gas). Updated exterior with fresh paint and landscaping. Close proximity to local shops, restaurants and galleries. Location Highlights: Englewood’s Art District is a thriving hub for culture, with local galleries, artists' studios, and community events that make this area an exciting place to live and work. Just minutes from downtown Independence, providing easy access to major roads, schools, and parks. A growing area with increasing property values and a diverse mix of businesses and residential units. Why Invest Here? Strong rental demand in the Englewood area due to its trendy, up-and-coming vibe. A solid return on investment with the potential for future appreciation as the district continues to revitalize. A low-maintenance property, with long-term tenants in place. Don’t miss out on this fantastic investment opportunity in one of Independence’s most exciting neighborhoods. This 4-unit property is perfect for seasoned investors or those looking to grow their portfolio in a high-demand area! Schedule a Tour Today! Contact Kendall Kraus at 660-621-0396 for more information or to schedule a viewing.