Listing provided courtesy of RE/MAX Area Real EstateGreater Heartland Region MLSMLS# 2607450MLS ProviderContact Information: 816-630-4000
  • 104 days on site
  • 14 views

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.

Source: Greater Heartland Region MLS, MLS#: 2607450

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  • Property Type
    Residential Income
  • Lot
    1.53 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 106 SARATOGA Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/17/2026Source: Greater Heartland Region MLS Added to Database
March 17, 2026