This property meets all of the legal requirements to operate an adult family home business, with one through six residents, but it has capacity for up to eight (two single rooms and three doubles). The sale conveys the lease agreement with the tenant. AFH business is separately for sale, listed in business opportunity, (MLS 2562632). Owner prefers to sell jointly. Business sale includes the State of Washington business license, 1 or 2 residents, and 1 or 2 temporary licensed staff. Annual gross sales accounts from a 50% occupancy capacity. The income-generating rambler sits on a 10,000 plus square-foot lot in the Mirror Lake community in Federal Way. The owner spent nearly $100,000 to renovate the property: updated the bathrooms, added two additional bedrooms, and turned the one-car garage into a laundry and storage room. The business home features: ADA accessible ramps at both entrances; hardwood floors and carpets throughout; a wood fireplace and an enormous street-facing window in the living room, with an open-dividing wall between it and the kitchen and dining room; wooden cabinets; French doors that open to a manicured PNW yard; and a master bedroom with a half ensuite. All appliances convey with the home, including: Kenmore Elite induction stove, Samsung fridge, washer and dryer, a wooden dining table, and some medical equipment and state-of-the-art medical beds.
| MLS # | 2551807 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | Boni Heights Add |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 45 |
| Listing Provided By | Keller Williams North Seattle | Dan Baral |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,750 |
| Story(s) | 1 |
| Zoning | RS7.2 |
| Acreage | 0.23 |
| Property View | Yes |
| Property | 5495 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Federal Way |
| Zip Code | 98003 |
| Area | 110 Dash Point | Federal Way |
| Community Name | Mirror Lake |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Mirror Lake) | |
Price: $699,950 low | high Med: $559,475 sqft: 1,750 low | high Med: 1,328 $ / sqft: $400 low | high Med: $424 On site: 45 low | high Med: 31 | |
| State | WA |
|---|---|
| County | King |
| City | Federal Way |
| Zip Code | 98003 |
| Area | 110 Dash Point | Federal Way |
| Community Name | Mirror Lake |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Mirror Lake) | |
Price: $699,950 low | high Med: $559,475 sqft: 1,750 low | high Med: 1,328 $ / sqft: $400 low | high Med: $424 On site: 45 low | high Med: 31 | |