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About This Home

This 0-bedroom, 0-bathroom residential multi family at 106 SARATOGA Avenue in Excelsior Springs, MO is listed for $1,150,000. Built in 1900, on a 1.53 acres lot.

Agent Description

Divine Property Management, LLC presents a 7-property residential investment portfolio totaling 9 rental units located in Excelsior Springs and Clay County, Missouri. The portfolio includes six single-family rental homes and one triplex, and is being offered as a single package sale at $1,150,000.

Properties included: 51 N Emerson St (Kansas City); 404 Salem Rd (EXSP); 236 Valley St (EXSP); 1123 St Louis Ave (EXSP); 1125 St Louis Ave (EXSP); 1249 St Louis Ave (EXSP); and 106 Saratoga Ave (EXSP-Triplex). The portfolio currently includes eight occupied units with one vacancy.

All six single-family homes are leased, while the triplex at 106 Saratoga Ave has two units leased and one unit actively being marketed for rent. Based on current leases, the portfolio generates $102,900 in scheduled annual rental income. Annual operating expenses primarily consist of property taxes ($6,817) and insurance ($7,697) for total annual

expenses of approximately $14,514.00, resulting in an estimated current net operating income of approximately $88,386.00. The properties are owner-managed, with no third-party property management currently in place. The triplex at 106 Saratoga Ave participates in the Excelsior Springs Chapter 353 Tax Abatement District.

This offering provides investors the opportunity to acquire nine residential rental units through one coordinated acquisition rather than assembling individual properties separately. Portfolio is being offered as a PACKAGE SALE ONLY, with supporting financial documentation available for investor and lender review during the due diligence period.

Key Features

  • Built in 1900
  • 1.53 acre lot
  • 3 stories

Property Details

3 stories
1900

Amenities

A/C

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

106 SARATOGA Avenue

Excelsior Springs, MO 64024

Property Details

Construction

Frame

Parking

Off Street

Heating

Electric (Heating)Forced Air

Cooling

ElectricWindow Unit(s)

Appliances

DishwasherRefrigeratorElectric Range

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 106 SARATOGA Avenue is listed at $1,150,000. The estimated monthly payment is $4,983 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 1.53 acre lot, 3 stories.

This property is listed by SimmonsSales Team and can be reached at 8166304000 or simmons.remax@gmail.com.

ST

SimmonsSales Team

Agent at RE/MAX Area Real Estate

(816) 630-4000

Listed by RE/MAX Area Real Estate · View on Broker Site

MLS# 2607450· Source: listhub· Updated 76 days ago

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

106 SARATOGA Avenue, Excelsior Springs, MO 64024

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