12721 SE 352ND AVE

Boring, 97009

  • Bed

  • Bath

  • 0 SqFt

  • 36 DOM

  • Built: 1965

  • Status: Active

$2,750,000

X

12721 SE 352ND AVE

Boring 97009

$2750000

  • Bed

  • Bath

  • 0 SqFt

  • 36 DOM

  • Built: 1965

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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 a pro-forma CAP of 6.17%. Financials available upon request.

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