About 17820 Smokey Point Boulevard
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.
Features of 17820 Smokey Point Boulevard
| MLS® # | 2366135 |
|---|---|
| List Price | $1,650,000 |
| Sale Price | $1,200,000 |
| Price Per SqFt | $197 |
| Bathrooms | 0.00 |
| Square Footage | 6,084 |
| Acres | 0.52 |
| Year Built | 1969 |
| Type | Income |
| Sub-Type | Multi Family |
| Status | Sold |
Community Information
| Address | 17820 Smokey Point Boulevard |
|---|---|
| Area | 770 - Northwest Snohomish |
| Subdivision | Smokey Point |
| City | Arlington |
| County | Snohomish |
| State | WA |
| Zip Code | 98223 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 1 |
Exterior
| Exterior Features | Wood Products |
|---|---|
| Lot Description | Corner Lot, Curbs, Paved, Sidewalk |
| Foundation | Slab |
School Information
| District | Lakewood |
|---|
Additional Information
| Days on Market | 68 |
|---|---|
| Cumulative Days on Market | 68 |
| Days on Website | 95 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |