Smokey Point Homes with 55 - 5-9 Units Style

Smokey Point Homes with 55 - 5-9 Units Style

Welcome to Smokey Point, a charming and vibrant neighborhood nestled in the heart of Arlington, Washington. This delightful community, located in Snohomish County, offers the perfect blend of suburban tranquility and modern convenience, making it an ideal place for families, young professionals, and retirees alike.

Smokey Point is known for its picturesque landscapes, featuring lush greenery and stunning views of the nearby Cascade Mountains. The neighborhood boasts a variety of parks and recreational areas, providing ample opportunities for outdoor activities such as hiking, biking, and picnicking. The local community center is a hub of activity, offering classes, events, and a welcoming atmosphere that fosters neighborly connections.

For those in search of homes, Smokey Point features an array of charming properties, including the popular 55-59 unit style homes. These residences are designed with comfort and functionality in mind, often featuring open floor plans, modern amenities, and spacious living areas. Whether you’re looking for a cozy retreat or a place to entertain friends and family, these homes cater to a variety of lifestyles.

Conveniently located, Smokey Point offers easy access to major highways, making commuting to nearby cities a breeze. Additionally, residents enjoy a variety of shopping, dining, and entertainment options just a stone's throw away. With its friendly atmosphere, beautiful surroundings, and diverse housing options, Smokey Point truly embodies the essence of community living in Washington State. Come explore this hidden gem and discover your next home!

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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