Address not disclosed, Lynnwood, WA 98036
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Address not disclosed, Lynnwood, WA 98036
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Listed by:Skyline Properties, Inc. • Demba Baldeh
$ 1,600,000
Est. payment /mo
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Address not disclosed Lynnwood, WA 98036

9 Beds

4 Baths

2,948 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,948 sqft

Price per Sqft $542

Subdivision Edmonds

MLS Listing ID 2510101

Style 11 - 1 1/2 Story

Bedrooms 9

Full Baths 4

Year Built 1955

Annual Tax Amount $6,148

Lot Size 8,500 Sqft

Lot Dimensions .35

Property Sub-Type Single Family Residence

Property Description

Exceptional Income-Producing Adult Family Home Opportunity in Prime Lynnwood Location! Rare opportunity to own an established Adult Family Home business and real estate together in a highly desirable Lynnwood location, conveniently close to medical facilities, shopping, services, and key amenities.This nearly 3,000 sq. ft. Home offers the perfect blend of care business income and residential comfort, featuring spacious owner/family living upstairs with 3 bedrooms, while the lower level offers 6 bedrooms, including potential caregiver room, designed for efficient AFH operations. Home is license for 6, but Currently operating with 2 residents generating $10,000/month income. This property presents immediate cash flow with upside potential for experienced operators or investors looking to expand. Ideal for buyers seeking to add a second Adult Family Home near an existing operation, or those entering the industry with a turnkey opportunity. The conveniece of a living space and business downstairs is an appealing opportunity to grab. Saves you plenty on mortgage payments. Imagine filling this home with your desired residents! Save yourself the hassle of having to remodel a home from scratch and make this your own. Could be licensed upto 8 residents with living quarters upstairs. How about that for economies of scale.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Rooms

Basement Finished

Interior

Interior Features Second Kitchen, Bath Off Primary, Ceiling Fan(s), Fireplace, French Doors, Walk-In Closet(s)

Flooring Hardwood, Laminate

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Trash Compactor, Washer

Exterior

Exterior Feature Wood Products

Amenities Available Cable TV, Deck, Fenced-Partially

View Y/N Yes

View Territorial

Roof Type Torch Down

Building

Lot Description Paved

Story One and One Half

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Meadowdale High

School District Edmonds

Others

Senior Community No

Acceptable Financing Conventional, See Remarks

Listing Terms Conventional, See Remarks


Northwest MLS (NWMLS)

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