Updated about 9 years ago on .
Great Investment Opportunity in HOT Arlington, WA Rental Market!
Great Investment Opportunity in HOT Arlington, WA Rental Market!
This is an Off Market Turnkey Tri-Plex located in quaint Downtown Arlington, WA. In great condition with excellent tenants...very little turn over in last 15 years.
Currently over 6% CAP rate with 7% + easily attainable with some management trims and minor rent adjustments.
No repairs or updates needed.
Additional storage just off Laundry Room.
Four dedicated, off street parking spots located in back plus two street parking spots in front.
Zoned Old Town Business District 2 with future flexibility if buyer chooses.
Attractively Priced as other Arlington area multi's are selling fast and with repairs/updates needed.
Arlington is 10 minutes from Everett/Boeing. Tri-Plex is within walking distance of all the downtown shops, services and restaurants as well as parks and the Centennial Trail connecting the local towns.
Note: square footage for each unit are approximate.
Call me! 360.914.2511