$1,570,000

Residential Everett

  • 9 Beds
  • 7 Baths
  • 3,218 Sqft
  • Updated: May 8
  • MLS#2447170

About the Property

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. U
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 type

    House

  • Year built

    2024

  • Price/sqft

    $487

Features

  • Garage
  • Investment Property

Explore the Area

1925 Lombard Avenue #A,B,C, Everett, WA 98201, Washington, United States View on Google Maps
Price per sqft
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Lance Van Winkle

Joined 4 years ago
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Lance Van Winkle
United States
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1
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2025
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Marysville
Marysville
1027 State Avenue, Suite 102, 98270, Marysville, United States
View agency profile
Last updated
May 8
First listed
Oct 23, 2025
Agent licence
#43428
Listing reference
2043351646745140
Listing status
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