1925 Lombard Avenue #A

Everett, WA 98201

  • 9 Bed

  • 7 Bath

  • 997 SqFt

  • 111 DOM

  • Built: 2024

  • Status: Active

$1,600,000

X

1925 Lombard Avenue #A

Everett 98201

$1600000

  • 9 Bed

  • 7 Bath

  • 997 SqFt

  • 111 DOM

  • Built: 2024

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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 6%. 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.

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Residence Information

  • 997

  • 9

  • 5

  • 2

  • 7

  • Composition

  • 32 - Townhouse

  • 2024

Features and Utilities

  • Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)

  • Wood Products

Financial

  • 13504

  • Cash Out, Conventional, FHA, VA Loan

  • 10-22-2025

Comparable Information

  • 111

  • 111

  • Cash Out, Conventional, FHA, VA Loan

  • $1,535,000

  • $1,535,000

  • Feb 10, 2026 21:10

Schools

Map

Listing courtesy of KW North Sound.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Feb 27, 2026 01:13 | Listing last modified Feb 10, 2026 21:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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