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Susan Larson

susan.larson@exprealty.com +1(541) 520-9000

Listed by:KW North Sound • Lance Van Winkle

$ 1,570,000

Est. payment -/mo

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

9 Beds

7 Baths

3,218 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,218 sqft

Price per Sqft $487

Subdivision North Everett

MLS Listing ID 2447675

Style 53 - Tri-plex

Bedrooms 9

Construction Status Completed

Year Built 2024

Annual Tax Amount $13,504

Lot Size 9,006 Sqft

Property Sub-Type Multi Family

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

Exterior

Exterior Feature Wood Products

Garage Spaces 2.0

Amenities Available Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved

Sewer Sewer Connected

New Construction Yes

Construction Status Completed

Schools

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Susan Larson

+1(541) 520-9000

susan.larson@exprealty.com

Susan Larson

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

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1925 Lombard AVE #A,B,C