17820 Smokey Point Boulevard

Arlington, WA 98223
  • $1,879,000

    Price
  • 12

    Bed
  • 6

    Bath
  • 6,084

    SqFt

About the Listing 6301 - 103383

NSELLER FINANCING AVAILBLE! EW RENOVATIONS and at Market Rate Rents after 2 units kitchen remodels, see photos! Current revenues posted & expenses are current Sept 2026. Annual Income $140,820, Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.1%. Market rate $2300 & 2 of the 6 units have all new kitchens cabinets, granite countertops, under cabinet and counter lighting & appliances, flooring, bathroom updates. Proforma Income $165k CAP at 7.85%! Strong tenants & income in place, still room to increase rents 4 units of $400 each! 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. Tenants pay their own Electricity, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom 1,014 SQFT each. Recent renovations include electrical, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior  have updated paint, flooring, carpet upgrades of Appliances in units, Hot Water tanks & items from prior year as well from Seller. Newer fencing & privacy of backyard w/ lots space for 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. Huge retail Mall Plaza, Target, Costco, Retail and Restaurants just minutes away!

Listing Highlights

Status Active
Days on Site 172
Property Type Multi-Family
MLS ® 2498475
Year Built 1969
Total Square Footage 6,084
Lot/Acreage 0.52
County Snohomish
Neighborhood Smokey Point
School District Lakewood

Interior Details

  • Bedrooms: 12
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces: 0
  • Floor: Ceramic Tile,Laminate,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot,Cul-De-Sac,Curbs,Dead End Street,Open Space,Paved,Sidewalk,Cable TV,Fenced-Partially,Patio,Zoning: Multi-Family
  • Garage Capacity: N/A
  • Parking Spaces: 15
  • Zoning: Multi-Family
  • Roof: Composition
  • Others: Brick,Cement/Concrete,Wood,Wood Products,Very Good
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $11,400
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01003500001000
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

17820 Smokey Point Boulevard Arlington, WA 98223

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

Agent profile image in chat bubble
Agent profile image in chat header

Sam Golla-Cohen

| Washington Management Company

Agent profile image in message

or another way