Lombard 4

Multi-Family

3220 Lombard Ave SE, EverettWA 98201

Property Details

Location

Address
3220 Lombard Ave SE, EverettWA 98201
County
Snohomish
Submarket
CBA Everett
Parcels
00439076402200
In Opportunity Zone
Yes

Building Size

Building Size
2,231 SF
Rentable Space
2,231 SF

Building Details

Type
 Multi-Family
Number of Buildings
2
Number of Units
4
Occupancy Type
Percent Occupied
Building Class
Building Status
Existing
Floors
2
Elevators
Not present
Year Built
1905
Sprinklers
No
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
0.1 Acres
Land (SF)
4,356 SF
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Property for Sale

$650,000
Cap Rate: 5.57%

The Lombard 4 is comprised of two (2) connected buildings located in a quiet residential corridor just blocks from the main arterials of downtown Everett. The property is comprised of 3 (three) one-bedroom/one-bathroom units, and 1 (one) one-bedroom/one-bathroom “tiny house” unit. The property has been well maintained and features vinyl plank flooring, subway tile backsplashes, a community laundry room, and a thoughtful exterior modernization. The property is well positioned for a light value-add. Tax iD #: 00439076402200

The Lombard 4 is comprised of two (2) connected buildings located in a quiet residential corridor just blocks from the main arterials of downtown Everett. The property is comprised of 3 (three) one-bedroom/one-bathroom units, and 1 (one) one-bedroom/one-bathroom “tiny house” unit. The property has been well maintained and features vinyl plank flooring, subway tile backsplashes, a community laundry room, and a thoughtful exterior modernization. The property is well positioned for a light value-add. Tax iD #: 00439076402200

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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