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… Read More 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. Read Less
Building Area Total: 3218, Building Area Units: Square Feet, Building Name: Lombard Avenue Condominium, Calculated Square Footage: 3218, Elevation Units: Feet, Entry Location: Main, Floor Number Of Unit: 1, Levels: "Multi/Split", Living Area: 0, New Construction: Completed, Stories Total: 2, Structure Type: "Townhouse", Units In Building Total: 3, Year Built: 2024
Community
Number Of Units In Community: 3
Exterior Features
Exterior Features: "Wood Products"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Vinyl", "Carpet"
Home Owner's Association
Association Fee Includes: "Common Area Maintenance", Association Fee: $0
Based on information submitted to the MLS GRID as of . 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. Listings last updated on ,
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