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Listing courtesy of Skyline Properties, Inc.Demba Baldeh · 425-205-2135 · dbaldeh@gmail.comNWMLS Courtesy of NWMLS

Active

Home in Lynnwood

Lynnwood, WA · MLS# 2510101

$1,600,000

  • 9 beds
  • 4 baths
  • 2,948 sq ft
  • Built 1955

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About this home

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.

Details

Status
Active
MLS number
2510101
Property type
Residential
Lot size
8,500 sq ft
Cumulative days on market
38
County
Snohomish
Style
Single Family Residence
Levels
One and One Half
Basement
Finished
Heating
Forced Air, High Efficiency (Unspecified)
Cooling
Forced Air
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Trash Compactor, Washer
Flooring
Hardwood, Laminate
Parking
Driveway, None, Off Street
View
Territorial
New construction
No
Annual property tax
6148
Tax year
2026