30
See all 30 photos
$230,000
Est. payment /mo
0.25 Acres Lot
Active
2022 S Hedges AVE Independence, MO 64052
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Hill Park Add
MLS Listing ID 2579602
Year Built 1951
Annual Tax Amount $2,443
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Triplex
Source hmls
Property Description
This well-cared-for Independence triplex presents an outstanding opportunity for an investor looking for a turnkey property with long-term upside. Featuring one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units, each offering approximately 750 square feet, central heating and cooling, and separate gas and electric meters, this property has been thoughtfully updated and carefully maintained by a longtime owner who takes pride in its condition. Recent improvements include newer plumbing and electrical, updated AC units, fresh exterior paint, new awnings, and 85% new windows, creating peace of mind for years to come. With tenants covering all utilities except water, the property boasts exceptionally low owner expenses and reliable rental history, consistently attracting demand from working-class residents who appreciate affordable, well-kept housing. The triplex sits on a quiet, tree-lined street among well-maintained, owner-occupied homes, offering a sense of community not often found in investment properties. Located next to the Englewood Arts District as the area continues to attract businesses, restaurants, grocery stores and more. Off-street parking accommodates up to seven vehicles, while a large shared storage space adds convenience and could easily be converted into a laundry facility for additional income potential. Built in 1951, the building combines solid construction with thoughtful updates that make it easy to own and manage. Independence, one of Kansas City's largest suburbs with over 100,000 residents, remains a steady rental market with strong demand for quality units like these, ensuring occupancy is never an issue. This triplex has always been rented, has a proven history of low maintenance costs, and checks all the boxes for investors seeking cash flow, stability, and pride of ownership in a desirable neighborhood setting.
Location
State MO
County Jackson
Zoning MF
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Master Meters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Independence
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://drive.google.com/drive/folders/1zJh7Sey7hoNMq8eHkM6eBQdGaO95BlUG?usp=drive_link
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