10325 NE 187th StreetBothell, WA 98011
Listing Broker: COMPASS; erich@investmentsalesgrp.com; Erich Bubbel; (206) 399-3285
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Enter an interest rate to see your estimated monthly payment.Bothell 4-unit multifamily value-add opportunity. The property features four spacious 2BD/1BA units, each approximately 1,015 SF with in-unit W/D, wood burning fireplaces and dedicated storage. Upper units feature a large shared deck. Additional highlights include a recently replaced TPO roof, large storage shed, and 10,791 SF lot, 4 carport parking spaces with enough space to fit 8 cars on the lot. Unit 3 is currently vacant, and Unit 4 is owner-occupied, offering immediate flexibility for investors or owner-users. Significant rental upside with renovated market rents projected at $2,250/unit. Current NOI of $63,296 reflects a 5.50% cap rate, with pro forma NOI of $89,288 and a 7.76% cap rate. Excellent opportunity to increase cash flow in Bothell's desirable rental market.
| 3 hours ago | Listing updated with changes from the MLS | |
| 3 hours ago | Listing first seen on site |
Listing Broker: COMPASS; erich@investmentsalesgrp.com; Erich Bubbel; (206) 399-3285
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Last checked: 2026-11-10 01:57 PM PST