MLS: #NWM2456005, Listed By: David M. Hilbert, Real Estate 2000 Inc., Source:NWMLS - Northwest Multiple Listing Service
303 Poppy Road
Bothell, WA 98012
0
Bed
0
Bath
12,750Sqft
4.55Acres(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Construction Materials: Wood -
Heating & Cooling
Heating: Baseboard Has Heating: Yes Cooling: None
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Building Information
Year Built: 1968 -
Exterior Features
Wood Construction Materials: Wood
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Lot Information
Lot Square Feet: 198198 Lot Acres: 4.55Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$4199900
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Tax Information
Annual Tax: $0 Tax Year: 2025 Parcel Number: 00373000700101
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Virtual Tour
Parking Information
Open Parking Spaces: 27 Total Parking: 27
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Utility Information
Sewer: Sewer Connected -
Location Information
Subdivision: Canyon Park City: Bothell Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 15314 Sunset Road, Bothell, WA, 98012 | $1,025,000 | 3 | 3 | 2,498 | 2,498 SqFt |
| 4233 154th Place, Bothell, WA, 98012 | $1,199,000 | 3 | 3 | 2,512 | 2,512 SqFt |
| 5008 169th Street, Bothell, WA, 98012 | $1,100,000 | 3 | 5 | 4,318 | 4,318 SqFt |
| 4023 153rd Place, Bothell, WA, 98012 | $916,750 | 4 | 3 | 2,468 | 2,468 SqFt |
| 4023 153rd Place, Bothell, WA, 98012 | $965,000 | 4 | 3 | 2,468 | 2,468 SqFt |
| 14915 38th Drive #U1153, Bothell, WA, 98012 | $624,950 | 3 | 3 | 1,588 | 1,588 SqFt |
| 15624 42nd Drive, Bothell, WA, 98012 | $999,950 | 3 | 2 | 1,886 | 1,886 SqFt |
| 3919 154th Place, Bothell, WA, 98012 | $859,999 | 3 | 3 | 2,024 | 2,024 SqFt |
| 19307 58th Avenue, Bothell, WA, 98012 | $2,100,000 | 4 | 4 | 3,834 | 3,834 SqFt |
| 3908 153rd Pl Se, Bothell, WA, 98012 | $849,000 | 3 | 3 | 2,024 | 2,024 SqFt |
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ByOwner last updated this listing 06/27/2026 @ 06:20
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