306 Poppy Road, Bothell, WA 98012

$1,125,000
2,728
SqFt

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Listing courtesy of AgencyOne. Selling Office: Dulay Homes LLC.

Sold Price
$1,125,000
List Price
$1,250,000
Status
SOLD
MLS#
2464927
Closing Date
Mar 17, 2026
Days on Market
13
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,728
Area Total SqFt
2728
Annual Tax Ammount
8566.69
Lot Size (sq ft)
5,227
Sewer
Sewer Connected

Property Description

Exceptional investment opportunity in the heart of Bothell! This well-maintained duplex offers two separate units, making it ideal for investors or owner-occupants seeking strong rental income. One unit is currently rented at $2,975/month, providing immediate cash flow, while the second unit is owner-occupied, offering flexibility for future rental, or personal use. Located in a desirable Bothell neighborhood with easy access to major highways, shopping, dining, parks, and top-rated schools. A rare chance to own two units in Bothell with proven income potential and long-term appreciation. Don’t miss this versatile and income-producing property!

Additional Information

List Date
2026-03-04 00:00:00
Community
Bothell
Net Operating Income
$30,433
Gross Adjusted Income
$48,000
Gross Scheduled Income
$48,000
Total Monthly Income
$2,975
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$4,800
Gross Rent Multiplier
26
Total Expenses
$17,566
Cap Rate
0.02
Total Number of Units
2
Unit Name
306
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
2005
Roof
Composition
Site Features
Gas Available, High Speed Internet, Patio
Electric Expenses
2400
Other Expenses
600
Energy Source
Electric
School District
Edmonds
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,975
Gross Scheduled Income
$48,000
Gross Adjusted Income
$48,000
Tax Year
2025
Insurance Expense
$1,200
W/S/G Expenses
$4,800
Total Expenses
$17,566
Net Operating Income
$30,433
Gross Rent Multiplier
26
Cap Rate
0.02
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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