Mukilteo, WA 98275

$3,350,000
9
BD
6
BA
4,469
SqFt

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Listing courtesy of Real Broker LLC.

List Price
$3,350,000
Status
ACTIVE
Days on Market
116
Price Change
▼ $50,000 1781326263
MLS#
2503566
Subtype
Residential
Style
16 - 1 Story w/Bsmnt.
Year Built
1964
Bedrooms
9
Bathrooms
6
Living Area
4,469
Lot Size
9,583
Acres
0.22
Subdivision
Mukilteo
Neighborhood
Mukilteo
MLS Area Major
Everett/Mukilteo

Property Description

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.

Additional Information

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
Exterior Features
Brick, Wood
Property Description
16 - 1 Story w/Bsmnt.
Heating
90%+ High Efficiency, Forced Air, Heat Pump
Air Conditioning
90%+ High Efficiency, Central Air, Forced Air, Heat Pump
Levels
One
Roof
Composition
Parking Features
Driveway, Attached Garage, Off Street
School District
Mukilteo
Elementary School
Mukilteo Elem
Middle School
Olympic View Mid
High School
Kamiak High
View
Partial, Sound, 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.
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