$1,600,000
 $8,589 est/mo Sourced by Back At You

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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.

Details

MLS #2510101
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1955
Days On Site139
Listing Provided BySkyline Properties, Inc. | Demba Baldeh

Features

Bed(s)9
Bath(s) 4 Total
SQ Feet2,948
BasementY
ZoningRS-8
Acreage0.20
Property ViewYes

Taxes

Property6148

Area Information

StateWA
CountySnohomish
CityLynnwood
Zip Code98036
Area730 Southwest Snohomish
Community NameEdmonds
School DistrictMeadowdale High
Elementary SchoolBuyer To Verify
High SchoolMeadowdale High
Listing VS Median (in Edmonds)
Price:
$1,600,000
low | high
Med:
$699,950
100% of Average
sqft:
2,948
low | high
Med:
1,444
100% of Average
$ / sqft:
$543
low | high
Med:
$485
60.688512811634% of Average
On site:
139
low | high
Med:
126
100% of Average
Sourced by Back At You

Market Activity 98036

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Learn More About This Property

StateWA
CountySnohomish
CityLynnwood
Zip Code98036
Area730 Southwest Snohomish
Community NameEdmonds
School DistrictMeadowdale High
Elementary SchoolBuyer To Verify
High SchoolMeadowdale High
Listing VS Median (in Edmonds)
Price:
$1,600,000
low | high
Med:
$699,950
100% of Average
sqft:
2,948
low | high
Med:
1,444
100% of Average
$ / sqft:
$543
low | high
Med:
$485
60.688512811634% of Average
On site:
139
low | high
Med:
126
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.2M - $2M
sqft: 2,000 - 3,500
Listing Updated: July 10, 2026 at 11:24:07 AM PDT