303 Poppy Road, Bothell, WA 98012 (MLS # 2456005)

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Listing provided courtesy of Northwest MLS; Real Estate 2000 Inc.

PRICE $4,199,900
BEDS 0
BATHS 0
HOME SIZE 12,750 sqft
LOT SIZE 4.55 ac

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!

LAST UPDATED 11/18/2025 TRACT Canyon Park
YEAR BUILT 1968 COMMUNITY Canyon Park
COUNTY Snohomish STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 610 - Southeast Snohomish
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
LOT 4.55 acre(s)
MLS STATUS Active
STORIES 2
STYLE 56 - 10+ Units
SUBDIVISION Canyon Park
UTILITIES Sewer Connected
ZONING Residential

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/19/25 12:48 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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