Snohomish Homes with 55 - 5-9 Units Style

Welcome to Snohomish County, Washington, a picturesque region that beautifully blends natural beauty with vibrant community living. Nestled just north of Seattle, this county is renowned for its stunning landscapes, charming small towns, and an abundance of outdoor activities. From the lush forests and scenic mountains to the serene waters of the Snohomish River, this area is a haven for nature lovers and adventure seekers alike.

Snohomish County boasts a diverse real estate market, with a unique offering of homes in the 55 to 59 units style. These multi-family residences provide an excellent opportunity for both investors and families looking to settle in a welcoming community. With modern amenities and thoughtful designs, these homes cater to a variety of lifestyles, promoting a sense of togetherness while still allowing for individual privacy.

Living in Snohomish County means you’ll have access to top-notch schools, vibrant shopping districts, and a plethora of dining options. Whether you're enjoying a leisurely stroll through Historic Downtown Snohomish or exploring the scenic trails of the nearby Cascade Mountains, there's always something to do. The county also hosts numerous community events and festivals throughout the year, fostering a strong sense of belonging and camaraderie among residents.

If you’re considering making Snohomish County your home, you’ll find that the combination of its stunning natural surroundings, rich cultural heritage, and diverse housing options make it an ideal place to live, work, and play. Discover the charm of Snohomish County today, and see why so many are proud to call this beautiful region home!

Newest Snohomish Homes with 55 - 5-9 Units Style

$1,150,000

2547331 MLS ⋅ ACTIVE Status

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,550,000

2525343 MLS ⋅ ACTIVE Status

The 10th Street Apartments is a cash-flowing 5-unit multifamily investment opportunity in the charming, historical city of Snohomish, WA. The property features a highly desirable unit mix and full amenity packages, with each unit offering two bedrooms, one bathroom, 988 square feet of living space, in-unit washers & dryers, dishwashers, disposals, wood-burning fireplaces, private decks/patios, off-street parking stalls, and large exterior storage lockers. Over the past five years, the property has undergone significant capital improvements, including a new composition roof, Hardie plank siding, Milgard double-pane vinyl windows, and new deck coatings, all completed in 2021. Ask listing agent for marketing brochure!

218 10th Street, Snohomish

Listing courtesy of Blake Investment Advisors.

$1,500,000

2521636 MLS ⋅ ACTIVE Status

Edmonds Bowl 5 Unit, offered for the first time in over 45 years and Ideally situated in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront. Sellers are open to Seller Financing terms from qualified buyers. Please reach out for terms. Upper-level units offer attractive water, mountain, and territorial views, enhancing overall tenant appeal. The building showcases a classic mid-century design centered around a private courtyard, creating a unique and inviting living environment. Residents benefit from a common laundry and storage area, while ample off-street parking is provided via five surface stalls and a spacious two-car garage. This asset presents a compelling value-add opportunity with clear pathways to increasing rental income through interior upgrades and operational improvements. With its irreplaceable location, strong in-place fundamentals, and multiple avenues for value creation, this offering is well-suited for investors seeking a stable, well-located asset with significant long-term growth potential.

324 3rd Avenue S, Edmonds

Listing courtesy of Paragon Real Estate Advisors.

$3,570,000

2467866 MLS ⋅ ACTIVE Status

Investor alert! Rare opportunity to acquire 6 newer modern townhomes as a package in the heart of Marysville!. Each 4BR/3BA unit features modern open layout with rooftop deck, quartz kitchen w/ large island, vinyl plank flooring, oversized windows, private rooftop deck, entry-level bedroom w/ full bath, and attached 2-car garage. No rental cap! Strong rental demand, low maintenance construction, and prime location near shopping, dining, Seattle Premium Outlets & easy I-5 access. Turnkey investment.

4716 72nd St NE Street NE, Marysville

Listing courtesy of Best Choice Realty LLC.

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