1705 Lombard Avenue

Everett, WA 98201

$825,000
Price
8
Beds
4.5
Baths
2,350 Sq. Ft.
$351 / Sq. Ft.
2,350
Sq. Ft.
$351
per Sq. Ft.

Description

Great investment opportunity just for you in desirable historic location of Everett. Close to all amenities. Many possibilities! Live in one unit and Rent out the others or have Continuous Cash Flow & Equity! 1705 and 1705.5 are in the main house and both remodeled and have double pane windows. However one is currently vacant and need a lot of love. 1707 is the Yellow MIL Cottage and is remodel and occupied. 1707.5 is the grey MIL cottage. Three units are occupied with long term leases. Washer and...Great investment opportunity just for you in desirable historic location of Everett. Close to all amenities. Many possibilities! Live in one unit and Rent out the others or have Continuous Cash Flow & Equity! 1705 and 1705.5 are in the main house and both remodeled and have double pane windows. However one is currently vacant and need a lot of love. 1707 is the Yellow MIL Cottage and is remodel and occupied. 1707.5 is the grey MIL cottage. Three units are occupied with long term leases. Washer and Dryer hook-ups. All kitchen appliances stay in units.
  1. Listed by Wei Yang • 5 Corners Realty LLC

Property Details for 1705 Lombard Avenue

Community Name
Everett
School District
Everett
View
Territorial
Number of Assigned Spaces
3
Total Covered Parking
0
Entry Date
05-19-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of 5 Corners Realty LLC
Add your commute
LISTING UPDATED: 05/19/2024 01:22 PM

Property Details for 1705 Lombard Avenue

StatusActive
MLS #2235781
Days on Market14
Cumulative Days on Market14
Taxes$3,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.14 AC / 6,098 SF
CountySnohomish County

Location

Listing Courtesy of 5 Corners Realty LLC
Add your commute

Building Information for 1705 Lombard Avenue

Stories2Residences4Year Built1910Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$4,752 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,502

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1705 Lombard Avenue

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Fenced-Partially
  • Area: 740 - Everett/Mukilteo
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From Broadway St. go West on 17th St. South on Lombard. Home is on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1910
  • Photos Count: 18
Lot Information
  • Lot Details: Alley, Paved, Sidewalk
  • Lot Size Source: Matrix
  • Parcel Number Free Text: 00438235100300
  • Calculated Square Footage: 2350
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2350.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • Number of Stories in Building: 2
  • Vacancy Rate: 25
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 4200
  • Gross Adjusted Income: 45900
  • Gross Rent Multiplier: 7.5
  • Gross Scheduled Income: $65,100
  • Insurance Expense: $1,200
  • Net Operating Income: $41,700
  • Other Expenses: $0
  • Total Monthly Income: 5605
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 440
  • Rent Unit 1: $1,200.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 3
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 770
  • Rent Unit 2: $1,505.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 4
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 840
  • Rent Unit 3: $1,450.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 1
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 800
  • Rent Unit 4: $1,450.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2350.0
  • Leasable Area Units: Square Feet

Property History for 1705 Lombard Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1705 Lombard Avenue

Taxable ValueLand$360,100Additions$121,800Total$481,900
Tax Record2023$3,957 ($330 / month)
Home Facts
Beds3Baths4Total Finished SqFt1,470 SqFtAbove Ground SqFt1,470 SqFtStories2Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1910ZoningFNCountySNOHOMISHAPN00438235100300

Schools near 1705 Lombard Avenue

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Whittier Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sno Co Jail
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1705 Lombard Avenue is a multi-family home for sale in Everett, WA 98201. This property was listed for sale on May 19, 2024 by 5 Corners Realty LLC, it's currently listed at $825,000. It has been on the market for a total of 14 days and was last sold on August 26, 2021. This listing's school district is Everett School District. Nearby schools include Whittier Elementary School, North Middle School and Everett High School. 1705 Lombard Avenue is a 8-bed, 4.5-bath, 2,350 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 5 Corners Realty LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.