40825 re undisclosed

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.