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12721 SE 352nd Ave, Boring, OR 97009

$2,750,000

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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.

12721 SE 352nd Ave | MLS# 257629781

This single family home located at 12721 SE 352nd Ave, Boring, OR 97009 is currently listed for sale with an asking price of $2,750,000. This property was built in 1965 and has 5 bedrooms and 3 full baths with 5250 sq. ft. Search Boring real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Finished
Basement: Yes
Fireplaces: 2
Fuel Type: Electricity
Garage: 2 car attached
Heating: Baseboard
Home Style: Daylight Ranch, Mid-Century Modern
Lot Size: 12.30 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $6,758
Year Built: 1965
Square Feet: 5,250

Feature Descriptions

Bathroom: 1.0 (Lower), 2.0 (Main)
Days on Site: 72
Exterior: Cement Siding, Stone
Exterior: Barn, Covered Patio, Porch, RV-Boat Storage, Yard
Fireplace: Wood Burning
Hot Water: Electricity
Interior: Laundry, Separate Living Quarters-Apartment-Aux Living Unit
Kitchen: Built-in Oven, Built-in Range, Cooktop, Dishwasher, Double Oven, Range Hood
Lot: Corner Lot, Gentle Sloping
Parking Notes: Attached, Detached, PartiallyConvertedtoLivingSpace,
Rental Amount: $19000.00
Sewer: Septic Tank
Square Footage: 2625 (Lower), 2625 (Main)
Water: Well

Local Schools

High School: Sandy
Middle School: Boring
Elementary School: Kelso

Listed By / Shown By

Listed By

Agency Name: Constant Commercial Real Estate Inc
Agency Contact: 503-222-0282

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 15,270.75 per month $13,905.50 Principal & Interest $563.17 Property Tax $802.08 Homeowner's Insurance

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