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. This charming neighborhood, located in Snohomish County, offers an inviting blend of natural beauty and modern conveniences, making it an ideal place for families, young professionals, and retirees alike.

Smokey Point is renowned for its picturesque landscapes, including lush green parks and scenic views of the surrounding mountains. Residents enjoy easy access to outdoor recreational activities, from hiking and biking trails to serene waterfront spots along the nearby Puget Sound. The community is designed with convenience in mind, featuring a variety of shopping options, dining establishments, and essential services just a stone's throw away.

The real estate in Smokey Point boasts a unique collection of homes, particularly the charming 55-59 unit styles. These residences offer a perfect balance of space and comfort, catering to diverse lifestyles. With well-designed layouts, ample natural light, and modern amenities, these homes provide a welcoming atmosphere for families and individuals alike. The community is known for its friendly neighbors and a strong sense of belonging, making it easy to forge lasting connections.

In addition, the area's excellent schools and family-friendly environment make Smokey Point a top choice for those seeking a nurturing community. Whether you're looking for your first home, a place to raise a family, or a peaceful retreat, Smokey Point has something for everyone. Come discover the charm and warmth of this vibrant neighborhood, where your dream home awaits!

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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