High visibility, high traffic commercial property on Smokey Point Blvd next to bank, auto dealers, medical offices, retail shopping centers with 8 rental units in 4 duplexes on 4 separate lots. First time offered in 16 years. 8.9% cap rate with 5% vacancy. Most units being updated with new carpet and paint at this time. Buy this income property now and hold for long term gains and future development potential in this very high demand area. Price reduced!!!
Off market
$550,200
16405 Smokey Point Blvd, Arlington, WA 98223
8beds
8baths
6,966sqft
MultiFamily
Built in 1980
-- sqft lot
$-- Zestimate®
$79/sqft
$2,478 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 6,966 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 1.35 Acres
Details
- Parcel number: 31052800201600
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Sewer Connected, Available
- Water: Public
Community & neighborhood
Location
- Region: Arlington
Other
Other facts
- Property type: MULT
- Foundation: Poured Concrete
- Sewer: Sewer Connected, Available
- Water source: Public
- Possesion: Closing
- Energy source: Electric
- Lot details: Paved Street, Curbs, Sidewalk
- General zoning: Multi-Family, Residential, Commercial, Office, Business, Retail
- Building condition: Average
- View: Territorial
- Potential terms: Conventional
- Form 17: Not Provided
- Style: 55 - 5-9 Units
- Site features: Gas Available
- Bathrooms3: 0.00
- Bathrooms4: 0.00
- Bathrooms5: 0.00
- Bathrooms6: 0.00
- Bathrooms1: 0.00
- Bathrooms2: 0.00