$3,350,000
Reduced $50,000 — was $3,400,000
40825 RE Undisclosed
Mukilteo, WA 98275
Beds
9
Baths
6
Sq Ft
4,469
Lot
0.22 ac
Year built
1964
Type
Residential
Days listed
2
MLS #
2503566
About this home
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.
Interior features
Exterior features
Appliances
Schools
Elementary
Mukilteo Elem
Middle
Olympic View Mid
High
Kamiak High
Property details
- Heating
- 90%+ High Efficiency, Forced Air, Heat Pump
- Cooling
- 90%+ High Efficiency, Central Air, Forced Air, Heat Pump
- Parking
- Driveway, Attached Garage, Off Street
- View
- Partial, Sound, Territorial
- Lot
- Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
- Water source
- Public
- Sewer
- Sewer Connected
- Levels
- One
- Fireplaces
- 2
Costs
- Price / sq ft
- $750
- Annual taxes
- $9,125 (2025)
Estimate your monthly payment
$17,700/mo
- Principal & interest
- $16,939
- Property taxes
- $760
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Mukilteo, WA 98275
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Real Broker LLC— Alexandru Motroc.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.