About 1925 Lombard Avenue A,b,c
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
Features of 1925 Lombard Avenue A,b,c
| MLS® # | 2447170 |
|---|---|
| Price | $1,535,000 |
| Price Per SqFt | $1,540 |
| Bedrooms | 9 |
| Bathrooms | 6 |
| Full Baths | 5 |
| Half Baths | 2 |
| Square Footage | 997 |
| Acres | 0.00 |
| Year Built | 2024 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 1925 Lombard Avenue A,b,c |
|---|---|
| Area | 740 - Everett/Mukilteo |
| Subdivision | North Everett |
| City | Everett |
| County | Snohomish |
| State | WA |
| Zip Code | 98201 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Individual Garage, Off Street |
| Garage Spaces | 2 |
| Is Waterfront | No |
Interior
| Appliances | Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s) |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood Products |
|---|---|
| Lot Description | Curbs, Paved |
School Information
| District | Everett |
|---|
Additional Information
| Days on Market | 5 |
|---|---|
| Cumulative Days on Market | 5 |
| Days on Website | 5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | $510 |
| HOA Fees Frequency | Annually |
Listing Details
| Office | Kw North Sound |
|---|