- ADDRESS:
- 12721 SE 352ND AVE Boring, OR 97009
- VIDEOS:
- Print this Listing
- Price:
- $2,750,000
- Beds:
- 5
- Baths:
- 3.0
- Ft²:
- 5250
- Acres:
- 12.3
- MLS#:
- 257629781
- Lot Size:
- 10 to 19.99 Acres
- Type:
- Detachd
- Zone:
- EFU
- County:
- Clackamas
- Style:
- 2 Stories
- Yr Built:
- 1965
- Status:
- Active
- Levels:
- 2
- Garage:
- Attached, Detached, Partially Converted to Living Space
- Heat:
- Baseboard
- Fireplace:
- Wood Burning
- Roof:
- Composition
- Elem:
- Kelso
- Middle:
- Boring
- High:
- Sandy
- Lot Desc:
- Corner Lot, Gentle Sloping
- Area:
- Gresham, Sandy, Troutdale, Corbett
- Exterior:
- Barn(s), Covered Patio, Porch, RV/Boat Storage, Yard
- Courtesy of:
- Constant Commercial Real Estate Inc
- Remarks:
- 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.