Divine Property Management, LLC presents a 6-property residential investment portfolio totaling 8 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); 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.
- Heating System:
- Forced Air, Electric
- Cooling System:
- Window Unit(s), Electric
- Parking:
- Attached, Detached, Off Street
- Utilities:
- Other
- Laundry Features:
- Utility Room, Central Laundry
- Sewer:
- Public Sewer
- Appliances:
- Refrigerator, Dishwasher, Electric Range
- Zipcode:
- 64024
- Street:
- SARATOGA
- Street Number:
- 106
- Street Suffix:
- Avenue
- Longitude:
- W95° 46' 49.3''
- Latitude:
- N39° 20' 31''
- Zoning:
- Multi
- Directions:
- Begin at 51 N. Emerson Street, Kansas City, Missouri 64119. From N. Emerson Street, travel north and merge onto MO-210 East toward Excelsior Springs. Continue on MO-210 East for approximately 9 miles as you travel into the city of Excelsior Springs. As you approach town, turn left onto Salem Road and proceed to 404 Salem Road, Excelsior Springs, Missouri 64024. From 404 Salem Road, continue southeast toward the downtown residential area. Turn left onto Thompson Avenue, then turn right onto Valley Street. Continue along Valley Street to 236 Valley Street, Excelsior Springs, Missouri 64024. From 236 Valley Street, travel north toward the intersection with St. Louis Avenue. Turn left onto St. Louis Avenue and proceed west along the street to 1123 St. Louis Avenue, Excelsior Springs, Missouri 64024. Continue west along St. Louis Avenue to the adjacent property located at 1125 St. Louis Avenue, Excelsior Springs, Missouri 64024. From 1125 St. Louis Avenue, remain on St. Louis Avenue and continue west for several
- Mls Area Major:
- 107 - East of I-35 & South of Hwy 92
- High School District:
- Excelsior Springs
- Office Name:
- RE/MAX Area Real Estate
- Agent Name:
- SimmonsSales Team
- Tax Annual Amount:
- $0
- Association Fee:
- $0
- Stories Total:
- 3
- Water Source:
- Public
- Construction Materials:
- Frame
- Number Of Units Total:
- 9
- Association Fee Frequency:
- None
- Co List Agent Full Name:
- Jake Simmons
- Co List Agent Mls Id:
- JSIMMONS
- Co List Office Mls Id:
- RMX_13
- Co List Office Name:
- RE/MAX Area Real Estate
- List Agent Mls Id:
- SIMMLLC
- List Office Mls Id:
- RMX_13
- Listing Term:
- Cash, Conventional, Other
- Mls Status:
- Active
- Modification Timestamp:
- 2026-08-26T20:56:10Z
- Originating System Name:
- HMLS
Community: Other, Residential Income For Sale
106 Saratoga Avenue, Excelsior Springs, Missouri 64024
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 2607450
- Price :
- $999,000
- Year Built :
- 1900
- Status :
- Active
- Property Sub Type :
- Package of Properties
