518 N Macleod Avenue, Arlington, WA

5 Beds,   ---  Baths,   1980  sqft     For Sale By Owner    Asking: $354,900

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Specification
Bedrooms: 5
Bathrooms:
Square Feet: 1980
Lot Size:
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Floor:
Heating Type:
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Monthly HOA:
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Exteral Materials:
Roof:
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Description

-Great Opportunity To Buy A Discounted Turn-Key Income Producing Tri-Plex In A Hot Rental Market-

Fully Occupied with long term performing tenants

Opportunity to increase CAP rate immediately-7.6%

Rents continue to rise in area

Longest vacancy in last 15 years was 2 weeks

Downtown Arlington

Zoned Old Town Business District 2

Dedicated off-street parking

**This is fully occupied. Do not disturb tenants.**

Property Features

No Data Available

Community Features

No Data Available

Nearby Schools
School Name Distance Type Grades Enrollment S/T Ratio
Arlington Special Educ School0.2mPublic PK-12 35 0.0
Presidents Elementary0.3mPublic PK-06 568 0.0
Highland Christian Schools0.3mPrivate KG-12 131 9.0
Haller Middle School0.5mPublic 06-08 663 0.0
Stillaguamish School0.5mPublic KG-12 184 0.0
Post Middle School0.7mPublic 06-08 583 0.0
Eagle Creek Elementary0.7mPublic KG-06 533 0.0
Kent Prairie Elementary1.0mPublic KG-06 594 0.0
Arlington High School2.2mPublic 09-12 1627 0.0
Pioneer Elementary2.2mPublic KG-06 590 0.0
Nw Learning Center3.5mPublic 08-12 9 0.0
Weston High School3.8mPublic 09-12 126 0.0
Lakewood Elementary School5.1mPublic PK-05 320 0.0
Lakewood Middle School5.1mPublic 06-08 538 0.0
English Crossing Elementary5.2mPublic KG-05 359 0.0
Demographics
Arlington Washington
Population and Land
Population 17,926 6,724,540
Land Area in Square Miles 9.25 66,455.52
Persons Per Square Mile 1,937.3 101.2
Education
College Graduate or Higher 14.8% 32.3%
High Schoolor Or Higher 88.9% 90.2%
Housing and Homeownerhsip
Homeownership Rate 65.6% 62.7%
Median Value of Housing Units $225,800 $257,200
Persons per Household 2.73 2.55
Median Household Income $61,131 $60,294