12721 SE 352nd Ave, Boring, OR 97009

$2,600,000

5

Beds

3

Baths

12.30 ac

Property Size

1965

Year Built

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.

ARCHITECTURE

Architecture Style: DaylightRanch, Mid-Century Modern
Stories: 2
Condition: Fixer
Year Built: 1965
Roof Type: Composition
Basement Details: Finished

INTERIOR FEATURES

Heating Type: Baseboard
Fuel Type: Electricity
Interior SqFt: 5250
Number of Fireplaces: 2
Fireplace Fuel: Wood Burning

EXTERIOR FEATURES

Lot Features: Corner Lot, Gentle Sloping
Lot size (Acres): 12.3
Zoning: EFU
Garage Spaces: 2
Water Source: Well
Sewer: Septic Tank
Garage Type: Attached, Detached, PartiallyConvertedtoLivingSpace

SCHOOLS

Elementary: Kelso
High School: Sandy
Middle: Boring

TAX & FINANCIAL

Annual Tax: $6757.79
Terms Considered: CallListingAgent, Cash, Conventional, VA Loan
Tax Year: 2025

LISTING INFO

Listing courtesy of Constant Commercial Real Estate Inc | 503-222-0282
Days On Market: 208

Map Location

Property Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 923223

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