Arlington, WA 98223,17820 Smokey Point BLVD
Listed by Westland Realty
Bought with Realty One Group Enterprise

$1,200,000

$1,650,000

27.3%
Est.Price: ?

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Est. payment /mo

6,084 SqFt


SOLD DATE : 07/15/2025

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,084 sqft

Price per Sqft $197

Subdivision Smokey Point

MLS Listing ID 2366135

Sold Date 07/15/25

Style 55 - 5-9 Units

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

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Northwest MLS (NWMLS)
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16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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