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303 Poppy Rd, Bothell, WA 98012

  • $4,199,900

    •

  • —

    bed

  • —

    bath

  • 12,750

    Sqft ($329/Sqft)

House pending
Movoto is helping 20 homebuyers near you

About 303 Poppy Rd

Property type House
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 4.55 Acre
Movoto estimate
Property description
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!
Listed by
Listing Agent - David M. Hilbert
Listing Office - Real Estate 2000 Inc.
Source: NWMLS mls logo
MLS#2456005 • last updated 6 months ago
Movoto checked NWMLS for data 22 minutes ago
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Overview
Cooling/AC None
Heating Baseboard
Levels/Style Multi Family
MLS # 2456005
Virtual Tour External Link
SubType Multi Family
Type Residential Income
SqFt 12750
Status Pending
Lot Size (SqFt) 198198
Lot Size (Acres) 4.55
Year Built 1968
Condition Updated/Remodeled
Exterior
Roof Composition
Construction Wood
# Open Parking Spaces 27
# Parking Spaces 27
# Uncovered Spaces 27
Exterior Features Wood
Amenities / Utilities
Sewer/ Septic Sewer Connected
Power Production: Type Electric
HOA Amenities Coin Op Laundry
Location
County Snohomish
Subdivision Canyon Park
Area 610 - Southeast Snohomish
High School District Northshore
APN 373000700101
Zoning Residential
Directions GPS Friendly
Multifamily Details
Net Operating Income 276883
Capitalization Rate 6.6
Gross Adjusted Income 362651
Nwm_Totalmonthlyincome 362651
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8/10
Cedar Wood Elementary School
public Grades PK, K-5
Everett School District
6/10
Heatherwood Middle School
public Grades 6-8
Everett School District
9/10
Henry M. Jackson High School
public Grades 9-12
Everett School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 610 - Southeast Snohomish

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Family
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Dining
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  • Real Estate
  • WA
  • Snohomish County
  • Bothell
  • 98012
  • 303 Poppy Rd

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