$225,900
PRICE DROP! Triplex that checks a lot of boxes for value-add investors looking for cash flow NOW, offering a clean, functional setup with a unit mix that consistently attracts tenants seeking affordable, practical living. The property includes one spacious 2BR/1BA unit and two well-sized 1BR/1BA units, each with layouts that prioritize livability and efficiency over high-end finishes. It’s not about luxury interiors here — it’s about space, usability, and a property that performs. Long-term ownership shows in the major improvements already completed, including updates to plumbing, electrical, AC systems, exterior paint, awnings, and the majority of windows. Each unit features central heating and cooling, and tenants cover gas and electric, keeping owner expenses low with responsibility primarily limited to water and maintenance. Located on a quiet, tree-lined street surrounded by primarily owner-occupied homes, the setting offers a stable, neighborhood feel that tenants appreciate. Off-street parking for multiple vehicles and a large shared storage area provide additional functionality, with the ability to add a laundry setup for increased income. A straightforward investment with strong in-place income and clear upside — step in, improve over time, and make it your own.
2022 S Hedges Avenue, Independence
Listing courtesy of Alex Olson of Legendary Apartment Brokers.