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Lynnwood, WA 98036

  • 9 Bed

  • 4 Bath

  • 2948 SqFt

  • 5 DOM

  • Built: 1955

  • Status: Active

$1,600,000

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Lynnwood 98036

$1600000

  • 9 Bed

  • 4 Bath

  • 2948 SqFt

  • 5 DOM

  • Built: 1955

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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