17820 Smokey Point BLVD, Arlington, WA 98223 - MLS#2366135

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

May

Sat

May

Sun

May

Brian Gass

brian@1realty.com +1(360) 201-0908

Listed by Westland Realty

$1,650,000

Est. payment - /mo

12 Beds

6 Baths

6,084 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

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

Fireplace false

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

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Read Less Info

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Get More Information

Brian Gass

+1(360) 201-0908

Designated Broker | License ID: 26737

Designated Broker License ID: 26737

17820 Smokey Point BLVD Arlington, WA 98223

Brian Gass

Key Details

Location

Interior

Exterior

Building

Schools

Others

Get More Information