1925 Lombard AVE #A,B,C, Everett, WA 98201
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1925 Lombard AVE #A,B,C, Everett, WA 98201
1925 Lombard AVE #A,B,C, Everett, WA 98201
1925 Lombard AVE #A,B,C, Everett, WA 98201
1925 Lombard AVE #A,B,C, Everett, WA 98201

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Listed by:KW North Sound • Lance Van Winkle
$ 1,600,000
Est. payment /mo
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1925 Lombard AVE #A, B, C Everett, WA 98201

9 Beds

6 Baths

3,218 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,218 sqft

Price per Sqft $497

Subdivision North Everett

MLS Listing ID 2447170

Style 32 - Townhouse

Bedrooms 9

Full Baths 5

Half Baths 2

Construction Status Completed

Year Built 2024

Annual Tax Amount $13,504

Property Sub-Type Condominium

Property Description

Exceptional investment opportunity in Everett! This unique multi-family property features three condo units, with two currently rented and producing immediate cash flow. Two newly constructed units built in 2024 offer modern design, open living spaces, 3 bedrooms, 2.5 baths, and attached 1-car garages, while the updated existing 3-bedroom, 1-bath home provides strong additional rental potential. Units B & C are currently leased at $2,695 each, with projected rent of $2,500 for Unit A, creating an attractive pro-forma cap rate near 5%. A rare chance to enjoy steady income now while holding the flexibility to sell units individually in the future to maximize long-term returns. Low-maintenance yards enhance ease of ownership, and the prime Everett location places you just minutes from downtown, shopping, dining, schools, transit, and I-5. This is a true turnkey investment combining modern construction, reliable rental demand, and built-in appreciation potential. Buyer to verify all to own satisfaction.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Vinyl, Carpet

Fireplace false

Appliance Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s)

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Curbs, Paved

Dwelling Type Detached

Story Multi/Split

New Construction Yes

Construction Status Completed

Schools

School District Everett

Others

HOA Fee Include Common Area Maintenance

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Northwest MLS (NWMLS)

NEARBY SCHOOLS & PROPERTIES

Mick Hanson

Mick Hanson

Real Estate Advisor | License ID: 106643

+1(206) 571-3040

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1925 Lombard AVE #A,B,C