Property Details
1925 Lombard Avenue #A,B,C, Everett, WA 98201
Everett, WA 98201
$1,600,000
Active
Schedule a Tour
Select your date preference
Request More Info
1 / 32
About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Condominium
Status
Active
County
Snohomish
Neighborhood
North Everett
Listed
Oct 22, 2025
Original Price
$1,535,000
Interior Features
Bedrooms
9
Bathrooms
7.0
Half Baths
2
Stories
2
Entry Level
Main
Exterior & Lot
Lot Size
0.00 sqft
Year Built
2024
Exterior Materials
Wood
Parking
Individual Garage, Off Street
Lot Features
Curbs, Paved
Exterior Features
Wood Products
Location
City
Everett
County
Snohomish
Coordinates
47.99143, -122.20228
Schools
School District
Everett
HOA / Association
HOA Includes
Common Area Maintenance
Additional Information
New Construction
Yes
Tax Year
2025
Annual Taxes
$13,504
Possession
Array
Inclusions
Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 14, 2026 6:35 AM. 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.
IDX information 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. Copyright 2026 NWMLS. All rights reserved.
IDX information 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. Copyright 2026 NWMLS. All rights reserved.
