1925 Lombard Avenue #a, Everett, Washington 98201

WA, Everett
$1,570,000
  • 9 Beds
  • 7 Bath
  • 3,218 Sqft
  • Residential Property Type
  • 2024 Year Built
  • Active Status
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.

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2447170
  • Price: $1,570,000
  • Bedrooms: 9
  • Bathrooms: 7
  • Square Footage: 3,218 Sqft
  • Year Built: 2024
  • Status: Active
  • Office Name: KW North Sound
  • Agent Name: Lance Van Winkle
  • Full Bathrooms: 5
  • Property Sub Type: Condominium
  • Roof: Composition
  • New Construction Yn: 1
Features
  • Heating System Forced Air, Ductless
  • Cooling System Ductless
  • Parking Off Street, Individual Garage
  • Exterior Features Wood Products
  • Flooring Carpet, Vinyl
Appliances
  • Stove(s)/Range(s)
  • Dishwasher
  • Refrigerator
  • Microwave
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Everett
  • Zipcode 98201
  • Street: Lombard
  • Street Number: 1925
  • Street Suffix: Avenue
  • Longitude: W123° 47' 51.8''
  • Latitude: N47° 59' 29.1''
  • Directions: From I5 North take 41st Street to Broadway. Head North on Broadway Take Left on 20th Street. Take a Right on Lombard Ave.
  • Mls Area Major: 740 - Everett/Mukilteo
  • Unit Number: A, B, C
Neighborhood
  • High School District: Everett
Additional Information
  • Stories Total: 2
  • On Market Date: 2025-10-22
  • Lot Features: Paved, Curbs
  • Levels: Multi/Split
  • Construction Materials: Wood
Financial
  • Association Fee Includes: Common Area Maintenance
  • Tax Annual Amount: 13504
Listing Information
  • Co List Agent Full Name: Anton Stetner
  • Co List Agent Mls Id: 38032
  • Co List Office Mls Id: 7739
  • Co List Office Name: KW North Sound
  • List Agent Mls Id: 65839
  • List Office Mls Id: 7739
  • Listing Term: Cash,Conventional,FHA,VA Loan
  • Mls Status: Active
  • Modification Timestamp: 2026-04-27T19:57:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-10-22T21:22:12Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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