12721 SE 352nd Ave, Boring, OR 97009 | MLS ID 257629781

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$2,750,000

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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.

Information

Address:
<map>

12721 SE 352nd Ave
Boring, OR 97009

Bedrooms: 5

Bathrooms: 3 full

Square Feet: 5250

Type: Daylight Ranch, Mid-Century Modern

Area/School Dist: Gresham Sandy Troutdale Corbett

MLS ID: 257629781

Status: Active

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Features

Garage: 2 car attached
Taxes: $6,758
Basement: Yes
Roof Type: Composition
Exterior: Cement Siding, Stone
Parking Notes: Attached,Detached,PartiallyConvertedtoLivingSpace,
Lot Size: 12.30 Acres
Heating: Baseboard
Fuel Type: Electricity
Year Built: 1965
Fireplaces: 2
Water: Well
Sewer: Septic Tank
Stories: 2.0
Basement: Finished
Bathroom Description: 1.0 (Lower), 2.0 (Main)
Exterior: Barn, Covered Patio, Porch, RV-Boat Storage, Yard
Fireplace: Wood Burning
Hot Water Description: Electricity
Interior: Laundry, Separate Living Quarters-Apartment-Aux Living Unit
Kitchen: Built-in Oven, Built-in Range, Cooktop, Dishwasher, Double Oven, Range Hood
Lot Description: Corner Lot, Gentle Sloping
Rental Amount: $19000.00
Square Footage Description: 2625 (Lower), 2625 (Main)

School Information

High School: Sandy
Middle School: Boring
Elementary School: Kelso

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: DAT Real Estate Solutions
  Agency Phone: 503-400-7995

Listed By
   Constant Commercial Real Estate Inc
  Agency Phone: 503-222-0282

DAT Real Estate Solutions
4660 Portland Road, Suite 103 | Salem, Oregon 97305
503.400.7995

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