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303 Poppy Rd

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303 Poppy Rd

303 Poppy Rd, Bothell, WA 98012
Multi-Family For Sale Pending Built 1968 3 floors Zoning: R-9600
Asking Price
$4,199,900
Total Building11,208 SF
Land178,834 SF land
MarketWoodinville/Bothell/Kenmore
CountySnohomish

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Overview

Property ID
305606
Listing ID
705442
Type
Multi-Family
Asset Class
Multi-Family
Zoning
R-9600

Description

Discover An Exceptional Multifamily Investment Opportunity Tucked Away In Bothell’s Desirable Canyon Park Area. This Private And Secluded Property Spans 4.55 Acres And Features 17 Well Maintained Units. The Unit Mix Is Ideal For Strong Tenant Demand, Consisting Of One ~1,000 Sq. Ft. Three-Bedroom Unit, Eight ~800 Sq. Ft. Two-Bedroom Units, And Eight ~600 Sq. Ft. One-Bedroom Units. 12,750 Total Building Square Footage. 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, This Asset Provides Immediate Stability With Value-Add Potential.2024 Proforma Gross Income Is $362,651, Net Income $276,767 And Cap Rate

Listing Courtesy of:

DH
David Hilbert
Real Estate 2000 Corp.
6320 Evergreen Way Ste. 211,
Everett, WA 98203-4565
State: WA City: Bothell ZIP: 98012 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.