Single Family Home $ 3,350,000

Address not disclosed

Mukilteo, WA 98275

  • 9 Beds
  • 4.75 Baths
    Full Baths: 3 Half Baths: 2
  • 4,469 SqFt
  • 9,583 Lot Size
  • 1964 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.
Listed by Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4, 469 sqft

    Price per Sqft $749

    Subdivision Mukilteo

    MLS Listing ID 2503566

    Style 16 - 1 Story w/Bsmnt.

    Bedrooms 9

    Full Baths 3

    Half Baths 2

    Year Built 1964

    Annual Tax Amount $9,125

    Lot Size 9,583 Sqft

    Property Sub-Type Single Family Residence

  • Location

    State WA

    County Snohomish

    Area 740 - Everett/Mukilteo

  • Rooms

    Basement Daylight, Finished

    Main Level Bedrooms 6

  • Building

    Lot Description Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk

    Story One

    Sewer Sewer Connected

    Water Public

    New Construction No

  • Interior

    Interior Features Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Jetted Tub, Sauna, Walk-In Closet(s), Water Heater

    Fireplaces Number 2

    Fireplaces Type Gas

    Fireplace true

    Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

  • Exterior

    Exterior Feature Brick, Wood

    Amenities Available Fenced-Partially, Gas Available, Patio

    View Y/N Yes

    View Partial, Sound, Territorial

    Roof Type Composition

    Garage Yes

  • Schools

    Elementary Schools Mukilteo Elem

    Middle Schools Olympic View Mid

    High Schools Kamiak High

    School District Mukilteo

  • Others

    Senior Community No

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

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CONTACT

Alex Motroc

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