Property Details
Address Withheld
Lynnwood, WA 98036
$1,600,000
Active
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About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Snohomish
Neighborhood
Edmonds
Listed
Apr 30, 2026
Interior Features
Bedrooms
9
Bathrooms
4.0
Living Area
2,948 sq ft
Basement
Finished
Interior Features
Second Kitchen, Bath Off Primary, Ceiling Fan(s), Fireplace, French Doors, Walk-In Closet(s)
Exterior & Lot
Lot Size
0.20 sqft
Year Built
1955
Exterior Materials
Wood
Parking
Driveway, None, Off Street
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood Products
Schools
School District
Edmonds
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Meadowdale High
Additional Information
Tax Year
2026
Annual Taxes
$6,148
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Trash Compactor,Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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