12721 SE 352ND AVE, Boring, Oregon, United States, 97009
2,500,000
for Sale
5
3
535,788
About the property:
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.
- Property Type:
- SingleFamilyResidence
- Status:
- for Sale
- House Style:
- daylightranch
- Bedrooms:
- 5
- Bathrooms:
- 3
- Full Bathrooms:
- 3
- Acres:
- 12.3
- Square Feet:
- 5250
- Area:
- Gresham, Sandy, Troutdale, Corbett
- Water:
- Well
- Garage And Parking:
- Covered, Driveway
- Fireplace:
- WoodBurning
- Heating:
- Baseboard
- Exterior:
- Barn, CoveredPatio, Porch, RVBoatStorage, Yard
- Interior Features:
- Laundry, SeparateLivingQuartersApartmentAuxLivingUnit
- Appliances:
- BuiltinOven, BuiltinRange, Cooktop, Dishwasher, DoubleOven, RangeHood
- Sewer:
- SepticTank
- Directions:
- Turn south off Compton to SE 352nd
- Association Fee:
- 0
- M L S Status:
- Active
- Is Garage:
- Yes
- Is Barn:
- Yes
- Is Fireplace:
- Yes
- Is Investment:
- Yes
- Is Large Kitchen:
- Yes
- Annual Property Taxes:
- 6,757.79
- Listing ID:
- 257629781
Rooms
Dimensions
Brokered by:
Constant Commercial Real Estate Inc
Presented By: