Smokey Point Homes with 55 - 5-9 Units Style

Smokey Point Homes with 55 - 5-9 Units Style

Welcome to Smokey Point, a hidden gem nestled in the heart of Arlington, Washington, within the scenic Snohomish County. This charming neighborhood offers a perfect blend of tranquility and accessibility, making it an ideal place for families, professionals, and anyone looking to embrace a vibrant community lifestyle.

Smokey Point is known for its picturesque landscapes, featuring lush greenery and stunning views of the nearby Cascade Mountains. The area boasts a rich tapestry of outdoor activities, from hiking and biking trails to serene parks and recreational facilities. Residents enjoy easy access to the beautiful Puget Sound, where they can indulge in water sports, fishing, or simply bask in the natural beauty of the Pacific Northwest.

When it comes to housing, Smokey Point offers a variety of options, including homes with 5-9 units. These multi-family residences provide an excellent opportunity for those seeking a sense of community while still enjoying the privacy of their own space. Whether you're looking for a cozy townhome or a spacious duplex, you'll find well-maintained properties that cater to diverse lifestyles and budgets.

The neighborhood is also conveniently located near shopping centers, dining establishments, and top-rated schools, ensuring that all your daily needs are just a stone's throw away. With its welcoming atmosphere and a strong sense of community, Smokey Point is not just a place to live—it's a place to thrive. Discover your dream home in this enchanting neighborhood today!

Newest Smokey Point Homes with 55 - 5-9 Units Style

$1,850,000
2498475 MLS ⋅ ACTIVE Status
Great opportunity to own this renovated 6-unit multi-family investment in Marysville/Arlington that offers 6,084 SF on 22,651 SF of land partially fenced with private patios for each unit with 15 parking spaces. Located in a Residential area making this the perfect community living. Strong tenants & income in place, still room to grow income and NOI with ZERO Vacancy! Tenants pay own Electricty, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom and VERY LARGE units at 1,014 SQFT each. Recent renovations include eletrical, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior paint and many other items. Current Proforma Revenue: $140820 (current 2026) Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.3%. Market rate in 12-18 months $2,300+. Proforma Income $165k CAP at 7.85%! Units 4 is completed renovated with new kitchen, countertops, bathroom, appliance etc... Now rent Unit 4 $2,200 and $2300+ Market Rate in the future! Units have updated paint, flooring, carpet upgrades of Appliances, Hot Water tanks & items from 2023. Newer fencing and lots of backyard space for all tenants. Located in a growing Arlington area with strong rental demand and Businesses. The new 2.8 million SF Amazon Fulfillment Center, Coca Cola Plant, Airport, just minutes away. Smokey Point Community Park is walking distance across the street with playground and athletic areas. Huge retail Mall Plaza with Target, Costco, Retail and Restaurants just minutes away!

17820 Smokey Point Boulevard, Arlington

Listing courtesy of Realty One Group Enterprise.

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