1040 2nd Street Novato, CA 94945
5,360 Sq. Ft. / 7,501 Sq. Ft., 0.172 acres lot size / Multi-Family
Status: Sold
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Five 2BR/1BA townhouse units built in 1965 on a level lot close to downtown Novato. The property is in very good condition but needing some modernization. A few long-term tenants have very low rents creating an incredible upside in rental income and building value for someone patient enough to see the rents come up to market. On-site laundry, separately metered for PG&E, fenced in private patios, and off-street parking. First time on the market for sale - same family ownership since built. Two story wood frame construction with a perimeter concrete foundation. Each apartment features a private fence-in patio area off the dining area. Heating is gas-fired wall units. Apartments are separately metered for and tenants pay their own PG&E. Owner provides water and refuse service. Common leased coin operated laundry room and one water heater for the building. Separate individual storage closets for the tenant's use. Parking is open, off-street; each apartment having a two-car tandem space.
property details
Type
Multi-Family
Status
Closed
County
Marin
Year Built
1965
Sq. Ft.
5,360
Lot Size
7,501 Sq. Ft., 0.2 acres
Listing Id
321100526
Courtesy Of
Michael Burke - Golden Gate Sotheby's International Realty +1 415 464 9300
List Office Phone
+1 415 464 9300
Interior Features
Living Area Units
Sq. Ft.
Exterior Features
Roof
Composition
Tar Gravel
Tar Gravel
Lot/Land Description
None
Parking
Off Street
Uncovered
Uncovered
Foundation
Concrete Perimeter
Stories
2
Parking Spaces
10
Utility & Building Info
Sewer
Public Sewer
Parcel Number
141-263-22
Cooling
None
Water Source
Public
Heating
Other
Wall Furnace
Wall Furnace
Building Area Total
5,360 Sq. Ft.
Price Per Sq Ft
$336
Architectural Style
Contemporary
2 Story
2 Story
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
11/15/2021
11/15/2021
|
Sold |
$1,850,000
|
Bay Area |
|
11/09/2021
11/09/2021
|
Pending |
$1,800,000
|
Bay Area |
|
10/22/2021
10/22/2021
|
Contingent |
$1,800,000
|
Bay Area |
|
10/20/2021
10/20/2021
|
Active |
$1,800,000
|
Bay Area |
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Market Trends
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