Listed by David M. Hilbert, Real Estate 2000 Inc.
- 12,750
- Square feet
- $329
- Per sq ft
- Multi Family
- Type
- 1968
- Year built
- 198,198 sq ft
- Lot
- 88
- Days on market
About this property
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!
Location & commute
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Property details
Listing details
- Listing number
- #2456005
- Listed
- November 18, 2025
- Days on market
- 88
- Price per sq ft
- $329
Unit & building
- Stories in building
- 2
- Units in building
- 17
Parking
- Total spaces
- 27
Construction
- Year built
- 1968
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Lot
- Lot size
- 198,198 sq ft
Terms
- Terms offered
- Cash OutConventional
Utilities
- Sewer
- Sewer Connected
Schools
- District
- Northshore
What stands out to you?
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- Multi Family
- Composition
- Baseboard
- None
- Electric
- Cash Out
- Conventional
- Sewer Connected
Listing history
Listed
$4,199,900
November 18, 2025
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$24,457
- Principal & interest
- $21,237
- Property tax (est.)
- $3,220
Assumes $839,980 down (20%), a $3,359,920 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Based on information submitted to the MLS GRID as of July 13, 2026 at 11:45 PM PDT. 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.