12721 SE 352ND AVE, Boring, OR 97009
12721 SE 352ND AVE, Boring, OR 97009
12721 SE 352ND AVE, Boring, OR 97009
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Listed by Constant Commercial Real Estate Inc • 503-222-0282
$2,750,000
Est. payment /mo
5 Beds
3 Baths
5,250 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,250 sqft

Price per Sqft $523

MLS Listing ID 257629781

Style Daylight Ranch, Mid Century Modern

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1965

Annual Tax Amount $6,757

Tax Year 2025

Lot Size 12.300 Acres

Property Sub-Type Single Family Residence

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.

Location

State OR

County Clackamas

Area _144

Zoning EFU

Rooms

Basement Finished

Interior

Interior Features Laundry, Separate Living Quarters Apartment Aux Living Unit

Heating Baseboard

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Builtin Oven, Builtin Range, Cooktop, Dishwasher, Double Oven, Range Hood

Exterior

Exterior Feature Barn, Covered Patio, Porch, R V Boat Storage, Yard

Parking Features Attached, Detached, PartiallyConvertedtoLivingSpace

Garage Spaces 2.0

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Gentle Sloping

Story 2

Sewer Septic Tank

Water Well

Level or Stories 2

Schools

Elementary Schools Kelso

Middle Schools Boring

High Schools Sandy

Others

Senior Community No

Acceptable Financing CallListingAgent, Cash, Conventional, VALoan

Listing Terms CallListingAgent, Cash, Conventional, VALoan


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