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.
| MLS # | 2510101 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 139 |
| Listing Provided By | Skyline Properties, Inc. | Demba Baldeh |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,948 |
| Basement | Y |
| Zoning | RS-8 |
| Acreage | 0.20 |
| Property View | Yes |
| Property | 6148 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98036 |
| Area | 730 Southwest Snohomish |
| Community Name | Edmonds |
| School District | Meadowdale High |
| Elementary School | Buyer To Verify |
| High School | Meadowdale High |
| Listing VS Median (in Edmonds) | |
Price: $1,600,000 low | high Med: $699,950 sqft: 2,948 low | high Med: 1,444 $ / sqft: $543 low | high Med: $485 On site: 139 low | high Med: 126 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98036 |
| Area | 730 Southwest Snohomish |
| Community Name | Edmonds |
| School District | Meadowdale High |
| Elementary School | Buyer To Verify |
| High School | Meadowdale High |
| Listing VS Median (in Edmonds) | |
Price: $1,600,000 low | high Med: $699,950 sqft: 2,948 low | high Med: 1,444 $ / sqft: $543 low | high Med: $485 On site: 139 low | high Med: 126 | |