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 within Arlington, Washington, in the heart of Snohomish County. This vibrant neighborhood is a delightful blend of suburban charm and natural beauty, making it an ideal place for families, professionals, and retirees alike. With its picturesque landscapes and close-knit community feel, Smokey Point offers a lifestyle that many dream of.

One of the standout features of this area is its diverse selection of homes, particularly those in the 55-59 unit style. These residences are designed to foster a sense of community while providing ample space and comfort. Whether you're looking for a cozy retreat or a spacious family home, Smokey Point has something to suit your needs. The architectural styles reflect a modern yet timeless aesthetic, ensuring that each home complements the stunning surroundings.

Residents of Smokey Point enjoy easy access to a variety of amenities, including parks, shopping centers, and dining options. The nearby waterfront offers recreational opportunities, from kayaking to leisurely strolls along the shore. Additionally, the neighborhood’s proximity to major highways makes commuting a breeze, connecting you to the greater Seattle area and beyond.

Community events and local gatherings are frequent in Smokey Point, fostering connections and friendships among neighbors. With its welcoming atmosphere and beautiful homes, Smokey Point is more than just a place to live; it's a place to thrive. Come discover the charm of Smokey Point and find your perfect home in this enchanting neighborhood!

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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