Lynnwood, WA 98036
Courtesy of Skyline Properties, Inc.
- $1,600,000
- 9
- BD
- 4
- BA
- 2,948
- SqFt
- List Price
- $1,600,000
- Status
- ACTIVE
- Days on Market
- 136
- MLS#
- 2510101
- Subtype
- Residential
- Style
- 11 - 1 1/2 Story
- Year Built
- 1955
- Bedrooms
- 9
- Bathrooms
- 4
- Living Area
- 2,948
- Lot Size
- 8,500
- Acres
- 0.20
- Subdivision
- Edmonds
- Neighborhood
- Edmonds
- MLS Area Major
- Southwest Snohomish
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.
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Additional Information
- Interior Features
- Second Kitchen, Bath Off Primary, Ceiling Fan(s), Fireplace, French Doors, Walk-In Closet(s)
- Exterior Features
- Wood Products
- Property Description
- 11 - 1 1/2 Story
- Flooring
- Hardwood, Laminate
- Heating
- Forced Air, High Efficiency (Unspecified)
- Air Conditioning
- Forced Air
- Levels
- One and One Half
- Roof
- Torch Down
- Parking Features
- Driveway, None, Off Street
- School District
- Edmonds
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Meadowdale High
- View
- Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.