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About the Listing 7314 - 90077
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!
Listing Highlights
Status
Pending
Days on Site
11
Property Type
Multi-Family
MLS ®
2456005
Year Built
1968
Total Square Footage
12,750
Lot/Acreage
4.55
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Zoning: Residential
- Garage Capacity: N/A
- Parking Spaces: 27
- Zoning: Residential
- Roof: Composition
- Others: Wood,Updated/Remodeled
- Sewer: Sewer Connected
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 00373000700101
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
303 Poppy Rd Bothell, WA 98012
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