303 Poppy Road, Bothell, WA 98012

Bothell
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: david m. hilbert
Office: real estate 2000 inc.
MLS#:2456005
Source:NWMLS
303 Poppy Road,Bothell, WA 98012
$3,850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold

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Price summary

  • Price:$3,850,000

About this home

Discover an exceptional investment opportunity tucked away in Bothell's desirable Canyon Park area. This property spans 4.55 acres and features 17 well maintained units. 2024 Proforma Gross Income Is $362,651, Net Income $276,767 And Cap Rate Of 6.6% with significant upside through rent increases. The unit mix is consisting of 1 three-bedroom unit, 8 two-bedroom units, and 8 one-bedroom units. The property also offers 27 parking spaces, coin-op laundry, and sits across five separate lots. Recent renovations in eight units and deck updates completed 4-5 years ago. 10-year-old roof. Zero current vacancies and below-market rents. Don't miss this chance to own a great income-producing apartment property with meaningful upside!

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Home facts

  • Year built:1968
  • Subdivision & Development:Canyon Park
  • Listing ID #:2456005
  • Updated:August 02, 2026 at 06:50 AM

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1968
  • Construction Materials:Wood Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,850,000

Parking

  • Parking description:Uncovered Space(s) : 27
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