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
MLS#
2503566
Price Change
▼ $50,000 1781326263
Days on Market
109
Bedrooms
9
Finished SqFt
4,469
Area Total SqFt
4469
Annual Tax Ammount
9125
Lot Size (sq ft)
9,583
Fireplace
Yes
Sewer
Sewer Connected

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

Community
Mukilteo
Style
16 - 1 Story w/Bsmnt.
Basement
Daylight, Finished
Year Built
1964
Total Covered Parking
1
View
Partial, Sound, Territorial
Roof
Composition
Site Features
Fenced-Partially, Gas Available, Patio
Tax Year
2025
School District
Mukilteo
Elementary School
Mukilteo Elem
Middle School
Olympic View Mid
High School
Kamiak High
Potential Terms
Cash, Conventional
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
Driving Directions
Mukilteo Speedway, turn east or right on 19th, go to cul-de-sac
Appliance
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Lower level
Water Heater Type
Electric
Energy Source
Electric
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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