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Listing courtesy of Real Broker LLCAlexandru Motroc · 206-701-4552 · realestate@alexmotroc.comNWMLS Courtesy of NWMLS

Active

Home in Mukilteo

Mukilteo, WA · MLS# 2503566

$3,350,000

  • 9 beds
  • 6 baths
  • 4,469 sq ft
  • Built 1964

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About this home

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.

Details

Status
Active
MLS number
2503566
Property type
Residential
Lot size
9,583 sq ft
Cumulative days on market
175
County
Snohomish
Style
Single Family Residence
Levels
One
Basement
Daylight, Finished
Heating
90%+ High Efficiency, Forced Air, Heat Pump
Cooling
90%+ High Efficiency, Central Air, Forced Air, Heat Pump
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Parking
Driveway, Attached Garage, Off Street
View
Partial, Sound, Territorial
New construction
No
Annual property tax
9125
Tax year
2025