Active
  • Listed by: 

    David M. Hilbert,

    Real Estate 2000 Inc.

    $4,199,900

    303 Poppy Road, Bothell, WA 98012

    --beds
    --baths
    12,750sqft
    : 
    Multi Family
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $329/sqft
    $-- HOA

    What's special

    Coin-op laundry
    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!
    16 hours
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    48
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    2
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