MLS #2503566 / Listing provided by NWMLS & Real Broker LLC.
$3,400,000
Address Not Available
Mukilteo,
WA
98275
Beds
Baths
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Total Bedrooms: 9
- Main Level Bedrooms: 6
- Lower Level Bedrooms: 3
- Upper Level Bedrooms: 0
Bathrooms
- Total Bathrooms: 6
- Half Bathrooms: 2
- Three-quarter Bathrooms: 1
- Full Bathrooms: 3
- Full Bathrooms in Garage: 0
- Half Bathrooms in Garage: 0
- Three-quarter Bathrooms in Garage: 0
Fireplaces
- Total Fireplaces: 2
- Lower Level Fireplaces: 1
- Main Level Fireplaces: 1
Water Heater
- Water Heater Location: Lower level
- Water Heater Type: Electric
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage: Yes
- Garage Attached: Yes
- Parking Features: Driveway, Attached Garage, Off Street
- Parking Total: 7
- Total Uncovered Parking Spaces: 6
Structure
- Roof: Composition
- Exterior Features: Brick, Wood
- Foundation: Poured Concrete, Slab
Lot Details
- Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
- Acres: 0.22
- Foundation: Poured Concrete, Slab
Schools
- High School District: Mukilteo
- High School: Kamiak High
- Middle School: Olympic View Mid
- Elementary School: Mukilteo Elem
Lot Details
- Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
- Acres: 0.22
- Foundation: Poured Concrete, Slab
Power
- Energy Source: Electric
- Power Company: Snohomish County PUD
Water, Sewer, and Garbage
- Sewer Company: City of Mukilteo
- Sewer: Sewer Connected
- Water Company: City of Mukilteo
- Water Source: Public
Julie Anderson
Broker | REALTOR®
Send Julie Anderson an email