Everett, WA 98201,3114 3128 Lombard AVE
Listed by Paragon Real Estate Advisors
Bought with Paragon Real Estate Advisors

$2,250,000

Est. payment /mo

$2,350,000

4.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3114 3128 Lombard AVE Everett, WA 98201

0.55 Acres Lot

SOLD DATE : 09/22/2021

Key Details

Sold Price $2,250,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Everett

MLS Listing ID 1795857

Sold Date 09/22/21

Style 42 - Multi-Family

Lot Size 0.550 Acres

Property Sub-Type Land

Property Description

The Lombard Plaza consists of 3 Single family homes, a 6 unit apartment building and parking lot positioned on 23,957 SF of Urban Mixed and Urban Residential land. Per architectural renderings the zoning allows for up to 180 units with an average unit square footage of 452 SF. The property has recently undergone major renovations including new siding and exterior paint along with new roofs and several remodeled units. With all the major capital improvements done, this property is poised for substantial rent growth and cashflow for years to come while the land continues to appreciate. The Lombard Plaza offer the savvy investor a perfect add-value opportunity with significant upside in a market that has seen tremendous growth.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Fireplace false

Exterior

Utilities Available Natural Gas Available, Electricity Connected

View Y/N No

Garage No

Building

Sewer On Property

Water On Property

Schools

School District Everett

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Northwest MLS (NWMLS)
agent

Julie Hodges

Designated Broker | Real Estate Advisor | License ID: 25283

+1(425) 220-0617

GET MORE INFORMATION

Name
Phone*
Message