106 Saratoga Avenue, Excelsior Springs, MO 64024
Local realty services provided by:Better Homes and Gardens Real Estate Kansas City Homes
106 Saratoga Avenue,Excelsior Springs, MO 64024
$1,150,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: simmonssales team, jake simmons
Office: re/max area real estate
MLS#:2607450
Source:MOKS_HL
Price summary
- Price:$1,150,000
About this home
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....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:2607450
- Added:112 day(s) ago
- Updated:July 08, 2026 at 02:32 PM
Rooms and interior
- Kitchen Description:Dishwasher, Refrigerator
- Basement:Yes
Heating and cooling
- Cooling:Electric, Window Unit(s)
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition, Metal, Tar/Gravel
- Year built:1900
- Lot area:1.53 Acres
- Construction Materials:Frame
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,150,000
Features and amenities
- Appliances:Dishwasher, Refrigerator
Parking
- Parking description:Attached, Detached, Off Street
- Garage:Yes
New listings near 106 Saratoga Avenue
- New
$359,900Active3 beds 3 baths2,082 sq. ft.2224 W Ivory Circle, Excelsior Springs, MO 64024
MLS# 2629759Listed by: DALTON REALTY, LLC - New
$565,000Active3 beds 3 baths3,165 sq. ft.1401 Ann Circle, Excelsior Springs, MO 64024
MLS# 2628852Listed by: RE/MAX AREA REAL ESTATE - New
$499,000Active4 beds 2 baths1,966 sq. ft.11118 Shach Creek Road, Excelsior Springs, MO 64024
MLS# 2629435Listed by: OAKBRIDGE REAL ESTATE, LLC - New
$430,000Active5 beds 3 baths2,548 sq. ft.2032 W Springs Way, Excelsior Springs, MO 64024
MLS# 2629095Listed by: DREAM PROPERTIES REAL ESTATE
$209,900Pending2 beds 2 baths1,144 sq. ft.14990 Lakeside Drive, Excelsior Springs, MO 64024
MLS# 2628398Listed by: COMMUNITY REALTY
Listed by BHGRE$285,000Active4 beds 2 baths1,500 sq. ft.436 E Broadway Avenue, Excelsior Springs, MO 64024
MLS# 2627906Listed by: BHG KANSAS CITY HOMES
$225,000Pending2 beds 2 baths1,092 sq. ft.101 Crest Drive, Excelsior Springs, MO 64024
MLS# 2627732Listed by: JASON MITCHELL REAL ESTATE MIS
$430,000Active5 beds 3 baths2,548 sq. ft.2030 W Springs Way, Excelsior Springs, MO 64024
MLS# 2625640Listed by: DREAM PROPERTIES REAL ESTATE
$210,000Pending3 beds 2 baths1,872 sq. ft.14933 Lakeshore Drive, Excelsior Springs, MO 64024
MLS# 2620192Listed by: REAL BROKER, LLC-MO
$2,200,000Active206 Acres000 State N, Excelsior Springs, MO 64024
MLS# 60327055Listed by: CANTRELL REAL ESTATE