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Investment Overview
Centrally located in the heart of Downtown Novato, Third Street Apartments is a well-maintained 4-unit property featuring spacious 2-bedroom units setback on a level parcel in coveted Marin County. This midcentury gem includes exposed beam ceilings, in-unit laundry, dishwashers, covered parking, tenant storage, several fenced patios or decks, and updated electrical. Competitively priced at $1,500,000, Third Street Apartments offers a rare investment opportunity with strong fundamentals and substantial upside potential in a highly desirable location.
Property Details
Price
$1,500,000
Units
4
Unit Mix
4 - 2x1
Rentable SF
4,000 SF
Floors
2
Year Built
1968
Property Location
1041 3rd St, Novato, CA 94945, USA
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