USAMOExcelsior SpringsSaratoga106 Saratoga St
106 SARATOGA AVE, Excelsior Springs MO 64024Excelsior Springs, MissouriTriplex / MultifamilyProperty Profile3 Total UnitsUnit Mix: (2) 2-Bedroom Units, (1) 3-Bedroom Unit4, 080 Finished Sq FtBuilt in 1900BasementHistoric Multi-Unit Layout Unit Income SummaryUnit 1Base Rent: $1, 100Recurring Pet Fee: $25/monthRevenue: $1, 125/monthDeposit: $1, 000Lease Term: 01/02/2026 – 01/01/2027 Unit 2Base Rent: $925Recurring Pet Fee: $25/monthRevenue: $950/monthDeposit: $825Lease Term: 03/01/2026 – 02/28/2027 Unit 3Currently VacantPro Forma Rent: $925/monthPro Forma Deposit: $925Actively marketed for leaseOperating ExpensesAnnual Property Taxes: $180.03Annual Insurance: $2, 827Total Annual Taxes + Insurance: $3, 007.03Current Net Income SnapshotCurrent Annual Revenue: $24, 900Current Annual NOI Before Debt: $21, 892.97Current Monthly NOI Before Debt: $1, 824.41 | Image 1
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106 Saratoga St, Excelsior Springs, MO

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,150,000

000

MLS® 2607450

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $6,817
Days Active 1
Lot Size 
Approx. Age 1900
MLS® Number 2607450

Property Address: 106 Saratoga St, Excelsior Springs, MO, 64024-2453

Average square foot calculated using Size range provided by listing 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.
MLS® Number2607450
Laundry LevelCentral Laundry, Utility Room
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
Basement
DrivewayAttached, Detached, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
106 Saratoga St, Excelsior Springs, MO

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