699 Logan Street

Novato, CA, 94945

$2,095,000

$483 per ft²
$2,095,000
$483 per ft²
Active
Active
 - For Sale
carpenters-square
4,332 ft²
property_type
Multi-family
calendar
Built 1976
6-2BR/1BA apartments with great floorplans. Compact, yet offering enough room for a separate dining area. Kitchens feature an all-electric design with dishwashers. All apartments have a private balcony. Built in 1976, the property appears to be in good overall condition. The building is all electric, except for a gas meter for the house water heater. Heating is radiant electric in the ceilings with separate area thermostats. Units are separately metered for electricity and the tenants pay their own. There is an on-site laundry room with brand new owned equipment. Each apartment has an extra storage room in the carport area. Huge upside in rental income from long-term tenants. Now priced to sell at 15.6 times current low income or 12.5 times conservative market income
MLS® ID:
322068360
Updated:
10/2/22
Compass
Kyle Frazier | Imagine Marin

Interior Features

Kitchen Appliances
Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated, In Common Area, Washer/Dryer Owned
Floor Description
Carpet, Simulated Wood, Varies by Unit
Cooling
None
Heating
Electric, Radiant

Exterior/Building Features

Lot Size
9,052 ft² lot
Exterior Features
Landscape Front, Sidewalk
Architectural Style
Contemporary
Lot Details
Landscape Front, Sidewalk
Roof
Shingle, Tar/Gravel
Sewer
Public Sewer

Other Property Details

Area Name
Novato
Garage
No
Parking
Carport, Off Street, Uncovered
Parking Total
18.0
View
N
County
Marin
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
9/19/22
Price Change
$2,095,000
-4%

Listed by Michael Burke (), Golden Gate Sotheby's International Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kyle Frazier | Imagine Marin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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Compass
Kyle Frazier | Imagine Marin
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