2022 S Hedges Avenue

Well-maintained and thoughtfully improved, this Independence triplex offers a strong combination of stability, efficiency, and long-term upside. The property includes one spacious 2-bedroom, 1-bath unit and two well-designed 1-bedroom, 1-bath units, each approximately 750 square feet, all equipped with central heating and cooling and separately metered gas and electric. A long-term owner has taken exceptional care of the building, completing major updates such as newer plumbing and electrical systems, updated AC units, fresh exterior paint, new awnings, and approximately 85% replacement windows—providing confidence for the next owner. Tenants pay all utilities except water, keeping owner expenses low and cash flow predictable. The property has a consistent rental history and continues to attract dependable, working-class residents seeking clean, affordable housing. Situated on a quiet, tree-lined street surrounded by well-kept, primarily owner-occupied homes, the setting offers a true neighborhood feel that’s rare for investment properties. Located near the growing Englewood Arts District as new restaurants, small businesses, and retail continue to expand in the area, the property benefits from both stability and nearby revitalization. Off-street parking accommodates up to seven vehicles, and a large shared storage area presents an easy opportunity to add a laundry facility for additional income. Built in 1951 with solid construction and meaningful upgrades already completed, this triplex has remained consistently rented and easy to manage. For investors seeking dependable cash flow, low overhead, and pride of ownership in an established neighborhood, this is a compelling opportunity.