1925 Lombard Avenue #A,B,C
Everett, WA 98201
$1,535,000
Beds: 9
Baths: 5 | 2
Sq. Ft.: 3,218
Type: Condo
Listing Firm:KW North Sound
Listings with the three tree icon are courtesy of NWMLS.
Listing #2447170
Exceptional investment opportunity in Everett! This multi-family property features three condo units; two brand new built in 2024, never lived in, and one updated existing home. The proforma cap rate of almost 5% makes this an ideal addition to your portfolio. This is phenominal for the investor who wants to sell the units individually in the future to maximize their return! The two new units are 3 bedroom/2.5 baths each and include a 1-car attached garage, while the existing 3 bedroom/1 bath home offers solid rental potential. Projected rents: $2,700 per new unit and $2,500 for the existing home. Low maintenance yards and a prime location near downtown Everett, shopping, dining, schools, transit and I-5 make this a truly turnkey investment
Property Features
County: Snohomish
Community: North Everett
MLS Area: Everett/Mukilteo
Latitude: 47.99143
Longitude: -122.202276
Project: Lombard Avenue Condominium
Directions: From I5 North take 41st Street to Broadway. Head North on Broadway Take Left on 20th Street. Take a Right on Lombard Ave.
Full Baths: 5
1/2 Baths: 2
Number of Fireplaces: 0
Heating: Ductless, Forced Air
Power Production Type: Electric, Natural Gas
Cooling: Ductless
Floors: Vinyl, Carpet
Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Entry: Main
Total Number of Units: 3
Style: Townhouse
Stories: Multi/Split
Is New Construction: Yes
Exterior: Wood Products
Roof: Composition
Parking Description: Individual Garage, Off Street
Has Garage: Yes
Garage Spaces: 2
Parking Spaces: 4
Lot Description: Curbs, Paved
Elevation: Feet
Building Total Area (Sq. Ft.): 997
Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
High School District: Everett
Possession: Closing
Property Type: CND
Property SubType: Condominium
Structure Type: Townhouse
Year Built: 2024
Status: Active
Property Name: Lombard Avenue Condominium
Units in Community: 3
Floor of Unit: 1
Association Fee: $510
Association Fee Frequency: Annually
Association Fee Includes: Common Area Maintenance
Pets Allowed: Subject to Restrictions
Tax Year: 2025
Tax Amount: $13,504
Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Not a REO: Yes
© 2025 Northwest Multiple Listing Service. All rights reserved.
Mortgage Calculator and Walk Score details are provided by iHomefinder. Disclaimer: The information contained in this listing has not been verified and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change, or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Listings with the three tree icon are courtesy of NWMLS. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and include the name of the listing broker(s). Based on information submitted to the MLS GRID as of 2025 (October 29, 2025, 9:20 AM PT MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright © 2025 Northwest MLS. All rights reserved.
Real Estate IDX Powered by iHomefinder