3218 Lombard Ave $799,950

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    3218 Lombard Ave Everett, WA 98201

    • 0 Beds
    • 0 Baths
    • 4,502 sq.ft.
    • Multi-Family
    Listing# 1488764 | Active
    Days On Market: 102 9 Views
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    Property Details

    NEW PRICE! Investor alert, 9 unit complex for sale. This property is bringing in a good steady cash flow. Owner has been working with the City on Permits for 3 units that need renovation, permits are now approved and ready to be picked up. All drawings and permits are in hand and ready to turn over, still positive cash flow during those renovations. Once completed this project could be bringing in $11K a month plus, depending on how you want to run it. Bids aquired, lender on board 25% down

    • General Features
      • County Snohomish
      • County Snohomish
      • Lot Details Curbs, Paved Street, Sidewalk
      • Lot Square Footage 6,098
      • Number of Stories 2
      • Number of Units 9
      • Selling Office Commission 2.5
      • Style 55-5-9 Units
      • View Territorial
      • Year Built 1900
    • Building Features
      • Roof Compostion
      • Exterior Wood Products
      • Approx SqFt 4,502
      • Floor Covering Vinyl
    • Financials
      • Total Monthly Income $8,954
      • Net Operating Income $77,070
      • Gross Scheduled Income $107,448
      • Gross Adjusted Income $107,448
      • Total Expenses $30,378
      • Other Expenses $2,500
      • Insurance Expenses $3,699
      • Expenses $30,378
      • Heating Expenses $0
      • Electrical Expenses $138
      • Gross Rent Multiplier 8
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $8,845
      • Energy Source Electric
      • Heating and Cooling Baseboard, Wall
      • Water Company City of Everett
      • Sewer Company Sewer Connected
    • Schools
      • School District Everett

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    Neighborhood

    98201 (Everett) Demographics

    38Median Age
    3,803Population Density (per sq. mile)
    34%College Educated
    $46,198 Estimated Median Income
    4,855Estimated Total Home Owners
    7,776Estimated Total Renters
    38% / 62%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    28,437Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $345,000 Median Sales Price
    29 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $799,950
        10/21/2019 4:51:52 PM Price Reduced Source New Value: $799,950 -4.77%
        10/1/2019 12:01:51 PM Price Reduced Source New Value: $840,000 -4%
        8/19/2019 1:31:13 PM Status Changed Source New Value: Active
        8/8/2019 5:51:13 PM Status Changed Source New Value: Pending Feasibility
        7/12/2019 2:31:00 PM New in Database Source New Value: $875,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.