2026 Lombard Avenue, Everett, WA 98201

$725,000
2,656
SqFt

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Listing courtesy of Keller Williams Realty Bothell. Selling Office: Reeves Realty.

Sold Price
$725,000
List Price
$675,000
Status
SOLD
MLS#
2318722
Closing Date
Feb 07, 2025
Days on Market
4
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,656
Area Total SqFt
2656
Annual Tax Ammount
4737
Lot Size (sq ft)
6,098
Sewer
Sewer Connected
Offer Review Date
2025-01-05

Property Description

BEST Value Triplex in Snohomish County! Don’t miss this fantastic opportunity at 2026 Lombard Ave in Everett, WA. Offering two 2-bed, 1-bath units and one 1-bed, 1-bath unit, it’s perfect for investors or house-hackers. Located in a quiet residential area, this property provides tenants with privacy and long-term rental potential. Set on a spacious double lot with alley access, it has room for future development like subdivision or an ADU. Recent upgrades include new front porch, hot water tanks, furnace, toilets, and appliances. Tenants enjoy off-street parking, in-unit washer/dryers, gas heating, and a large shared yard. Conveniently located near schools, parks, and shops.

Additional Information

List Date
2025-02-03 00:00:00
Community
Downtown
Net Operating Income
$41,052
Gross Adjusted Income
$50,559
Gross Scheduled Income
$53,220
Total Monthly Income
$4,435
Insurance Expenses
$1,270
Water/Sewer/Garbage Expenses
$2,600
Gross Rent Multiplier
12
Total Expenses
$8,607
Cap Rate
6.08
Vacancy Rate
5
Total Number of Units
3
Unit Name
2026
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1908
Roof
Composition
Site Features
Deck, Fenced-Partially, High Speed Internet
Energy Source
Electric, Natural Gas
School District
Everett
Total Monthly Income
$4,435
Gross Scheduled Income
$53,220
Vacancy Rate
5
Gross Adjusted Income
$50,559
Tax Year
2024
Insurance Expense
$1,270
W/S/G Expenses
$2,600
Total Expenses
$8,607
Net Operating Income
$41,052
Gross Rent Multiplier
12
Cap Rate
6.08
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.
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