1925 Lombard Avenue A,B,C, Everett, WA, 98201
Lombard Avenue Condominium1925 Lombard Avenue A,B,CEverett, WA 98201
Listing courtesy of Lance Van Winkle of KW North Sound




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$7,300Exceptional 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.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 4 months ago | Price changed to $1,600,000 | |
| 6 months ago | Listing first seen on site |
Listing courtesy of Lance Van Winkle of KW North Sound
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Last checked: 2026-04-27 03:55 AM PDT
