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Listed by:KW North Sound • Lance Van Winkle

$1,570,000

Est. payment - /mo

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9 Beds

6 Baths

3,218 SqFt

Active

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

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,218 sqft

Price per Sqft $487

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

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

Mortgage Calculator

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Pets

Public Services & Government

Local Media

Education

Stadium of Thai Restaurant

2011 Hewitt Ave, Everett, WA 98201

Phone: 425-257-9766
Amante Pizza & Pasta

1409 Hewitt Ave, Everett, WA 98201

Pizza Phone: 425-512-8803
Petite Sweet Bakery

2613 Colby Ave, Everett, WA 98201

Bakeries Phone: 425-258-1800
Colby Diner

2720 Colby Ave, Everett, WA 98201

Burgers Phone: 425-252-7419
Taco Del Mar

1723 Hewitt Ave, Everett, WA 98201

Mexican Phone: 425-303-0300
Sidekicks Grill & Lounge

1709 Hewitt Ave, Everett, WA 98201

American (New) Phone: 425-252-8358
McDonald’s

2001 Everett Ave, Everett, WA 98201

Burgers Phone: 425-252-8148
Jasmine Thai Cuisine

2725 Colby Ave, Everett, WA 98201

Thai Phone: 425-374-5137
Oishi Teriyaki

2030 Broadway, Everett, WA 98201

Japanese Phone: 425-259-2205
Burger King

2424 Broadway, Everett, WA 98201

Burgers Phone: 425-258-2868
Curry Bistro

1907 A Hewitt Ave, Everett, WA 98201

Indian Phone: 425-258-2900
Long John Silver’s

2702 Broadway, Everett, WA 98201

Seafood Phone: 425-252-2264
Beary Special Espresso & Grill

2818 Wetmore Ave, Everett, WA 98201

Phone: 425-257-3005
Ynot Sports Pub & Grub

2015 Hewitt Ave, Everett, WA 98201

Sports Bars Phone: 425-265-9668
Brooklyn Bros Pizzeria

1919 Hewitt Ave, Everett, WA 98201

Pizza Phone: 425-258-6900
Ole Soul Southern Creole

1105 Hewitt Ave, Everett, WA 98201

Southern Phone: 425-320-9626
Romio’s Pizza & Pasta

2803 Colby Ave, Everett, WA 98201

Italian Phone: 425-252-0800
Po Boys Wings

1711 Hewitt Ave, Everett, WA 98201

American (Traditional) Phone: 425-212-9151
La Flor De Loroco

1717 Hewitt Ave, Everett, WA 98201

Mexican Phone: 425-252-2288
Sol Food Bar & Grill

1405 Hewitt Ave, Everett, WA 98201

Latin American Phone: 425-252-6768
Pho Everett

1717 Hewitt Ave, Everett, WA 98201

Vietnamese Phone: 425-259-9857
Sub Shop

2017 19th St, Everett, WA 98201

Sandwiches Phone: 425-259-3107
North Star Cafe

2727 Colby, Everett, WA 98201

Phone: 425-740-3875
Papas Mexican Grill

1909 Hewitt Ave, Everett, WA 98201

American (New) Phone: 425-249-2812
The Sisters

2804 Grand Ave, Everett, WA 98201

Sandwiches Phone: 425-252-0480
Wendy’s

2510 Broadway, Everett, WA 98201

Fast Food Phone: 425-259-5222
Sno-Isle Natural Foods Co-Op

2804 Grand Ave, Everett, WA 98201

Grocery Phone: 425-259-3798
Z’s Burgers

2811 Colby Ave, Everett, WA 98201

Burgers Phone: 425-252-7418
Gyro Cave

2718 Colby Ave, Everett, WA 98201

Greek Phone: 425-903-4172
Taco Bell

2727 Broadway St, Everett, WA 98201

Tex-Mex Phone: 425-252-3325
The All American Galley

Fletcher Way, Everett, WA 98201

American (New)
A Pizza House

2625 Colby Ave, Everett, WA 98201

Pizza Phone: 425-252-5555

Educational Environment

High Schools (1)

Name