12721 SE 352ND AVE, Boring, OR 97009
Listing Courtesy of Constant Commercial Real Estate Inc.
- $2,600,000
- 5
- BD
- 3
- BA
- 5,250
- SqFt
- List Price
- $2,600,000
- Price Change
- ▼ $150,000 1780680358
- MLS#
- 257629781
- Status
- ACTIVE
- Type
- Single Family Residential
- City
- Boring
- Area
- Gresham, Sandy, Troutdale, Corbett
- County
- Clackamas
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 5,250
- Year Built
- 1965
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.
Additional Information
- Water
- Well
- Elementary School
- Kelso
- Middle School
- Boring
- High School
- Sandy
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