17820 Smokey Point BLVD new to site Save Request In-Person Tour Request Virtual Tour
Arlington,WA 98223
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,084 sqft
Price per Sqft $271
Subdivision Smokey Point
MLS Listing ID 2366135
Style 55 - 5-9 Units
Bedrooms 12
Year Built 1969
Annual Tax Amount $10,647
Lot Size 0.520 Acres
Property Sub-Type Multi Family
Property Description
6-unit multi-family investment opportunity in Arlington. This 6-unit property offers 6,084 SF on 22,651 SF of land, with a strong in-place income. All units are 2bd1ba, 1,014 SF each. Current Proforma Revenue: $130,620 (effective 6/1/25) NOI: $90,620, Cap Rate: 5.49% Expenses: ~$40,000/year Units 4, 5 and 6 all recently renovated. New Fence constructed in 2023 in the backyard. Located in a growing Arlington area with strong rental demand. The new 2.8 million SF Amazon Fulfillment Center is just a couple minutes away. Additionally, Smokey Point Community Park, located across Smokey Point Blvd, i s under construction. See the attached offering flyer.
Location
State WA
County Snohomish
Area 770 - Northwest Snohomish
Interior
Flooring Vinyl Plank,Carpet
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot,Curbs,Paved,Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Lakewood
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional