12721 SE 352ND AVE, Boring, OR 97009
- $2,600,000
- 5
- BD
- 3
- BA
- 5,250
- SqFt
- List Price
- $2,600,000
- Price Change
- ▼ $150,000 1780680358
- Days on Market
- 174
- Status
- ACTIVE
- MLS#
- 257629781
- Rent
- 19000
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 5,250
- Lot Size
- 10 to 19.99 Acres
- Region
- Gresham, Sandy, Troutdale, Corbett
Property Description
Rare income-producing estate on 9.96 acres + adjoining 2.34 acre parcel with huge live-and-earn, multi-generational and investment potential. On the property are multiple income streams projected to exceed $20,500 per month from the 3,200 SF shop, 11 manufactured/mobile homes, 5 resident storage bays, barn and large 5,320 SF dual-living residence. This unique property offers massive upside in updating the vacant residence and improving the existing infrastructure. The manor residence features dual-living potential with the main level offering 3 spacious bedrooms, 2 full baths, large kitchen and dedicated office. Lower level has an additional 2 bedrooms, 1 bath, full kitchen and ample living/flex space. Projected rents are at $20,500 per month with an achievable pro-forma CAP rate of 6.17%. Financials available upon request.
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Additional Information
- Tax Amount
- $6,757
- Year Built
- 1965
- High School
- Sandy
- Elementary School
- Kelso
- Middle School
- Boring
- Fireplaces Total
- 2
- Garage Spaces
- 2
- Garage Type
- Attached, Detached, Partially Converted to Living Space
- Acres
- 12.30
- Living Area
- 5,250
- Stories
- 2
- Property Type
- Single Family Residence
- Terms
- Call Listing Agent, Cash, Conventional, VA Loan
- Master Bedroom Level
- Main
- Fireplace Description
- Wood Burning
- Fuel Description
- Electricity
- Heating Description
- Baseboard
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding, Stone
- Roof Type
- Composition
- Sewer Description
- Septic Tank
- Style
- Daylight Ranch, Mid-Century Modern
- Parking
- Covered, Driveway
- Parking Description
- Covered, Driveway
- Exterior Features
- Barn(s), Covered Patio, Porch, RV/Boat Storage, Yard
- Interior Features
- Laundry, Separate Living Quarters/Apartment/Aux Living Unit
- Kitchen Appliances
- Built-in Oven, Built-in Range, Cooktop, Dishwasher, Double Oven, Range Hood
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Listing courtesy of Constant Commercial Real Estate Inc.
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