$ 3,400,000
  9   |    3 Full  2 Half   |    4469 Sq Feet
Listed By: Real Broker LLC

Listing ID

#2503566

Property Type

Single Family Residence

County

Snohomish

Neighborhood

Mukilteo

Year Built

1964

Days on website

12

Description
Fully operational Adult Family Home in a prime Mukilteo location offering immediate, high income with significant upside potential. Currently configured for 6 residents plus 1 boarding resident, with residents in place providing day-one income. Extensively renovated from the studs with permitted improvements. Improvements include new electrical, plumbing, furnace, tankless water heater, A/C, siding, windows, and a backup generator. Interior upgrades include heated floors on the lower level, updated kitchens with quartz countertops, pot fillers, new cabinetry and appliances, a utility room with w/d downstairs, and an additional w/d upstairs. Functional layout supports efficient operations while maintaining a comfortable setting, offering 9 bedrooms total—4 suitable for double occupancy and 2 lower-level suites for owner/operator, staff, or rental use. Fully staffed with 3 employees. Value-add potential includes increasing capacity to 8 residents plus 1 boarding resident with sprinkler installation (bid available), along with city-approved plans for an additional upper level, bringing total potential size to ~5,400 sq ft. Expansion may allow for increased capacity, potential water views, and long-term real estate and business value growth. Financials reflect partial occupancy with opportunity to increase income. Listing price includes both real estate and established business, offering a complete income-producing opportunity.
Financial Information
List Price:  $ 3400000
Taxes:  $ 9125
Property Features
Accessibility Features:  Accessible Approach with Ramp, Accessible Bath, Accessible Bedroom, Accessible Central Living Area, Accessible Entrance, Accessible Kitchen
Appliances:  Disposal, Stove(s)/Range(s)
Basement:  Daylight, Finished
Exterior Features:  Brick, Wood
Fireplace Features:  Gas
Foundation Details:  Poured Concrete, Slab
Interior Or Room Features:  Bath Off Primary, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Jetted Tub, Sauna, Second Kitchen, Second Primary Bedroom, Walk-In Closet(s), Water Heater
Levels:  One
Lot Features:  Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
Parking Features:  Attached Garage, Driveway, Off Street
Property Condition:  Updated/Remodeled
Roof:  Composition
School:  Kamiak High, Mukilteo Elem, Olympic View Mid
Security Features:  Partially Fenced
Sewer:  Sewer Connected
Structure Type:  House
View:  Partial, Sound, Territorial
Water Source:  Public
School:  Mukilteo Elem
School:  Kamiak High
School:  Olympic View Mid
MLSAreaMajor:  740 - Everett/Mukilteo
City:  Mukilteo
Subdivision Name:  Mukilteo
Listed By:     Real Broker LLC  855-450-0442