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Listed by Angelo Baglieri Marcus & Millichap
$ 3,300,000
Est. payment /mo
New
4 Harkle RD Novato, CA 94945
16 Beds
3 Baths
7,502 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,502 sqft
Price per Sqft $439
MLS Listing ID 326069229
Bedrooms 16
Full Baths 3
HOA Y/N No
Year Built 1960
Lot Size 2.250 Acres
Acres 2.25
Property Sub-Type Multi Family
Property Description
The Baglieri Group of Marcus & Millichap is proud to present Harkle Road, offered for sale for the first time ever by the original family that built this remarkable Novato property. The offer consists of seven detached homes situated across approximately 2.25 acres, including two of Novato's most recognizable residences: the rotating Round House (Turns 320 degrees) and the iconic Potato Chip House. Opportunities to acquire approximately 2.25 acres of buildable land in Novato already improved with seven income-producing homes are exceptionally rare. The property offers an incoming owner the ability to preserve a unique piece of local history while exploring the potential to add additional homes or subdivide the land, subject to independent investigation and approval by the City of Novato and all other applicable agencies. All seven homes are tenant occupied and separately metered for water, gas and electricity. Tenants pay their own utilities, leaving the landlord responsible primarily for property taxes and insurance and helping keep operating expenses exceptionally low. This is far more than a traditional seven-unit investment. It is a once-in-a-generation opportunity to acquire an irreplaceable Novato property with existing income, significant land, historic character and compelling long-term upside.
Location
State CA
County Marin
Area Novato
Rooms
Basement Other
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry In Unit
Exterior
Garage Spaces 7.0
Utilities Available Separate Meters (See Remarks)
Total Parking Spaces 7
Building
Lot Description Private
Story 1
Sewer Public Sewer
Water Separate Meter, Water District
New Construction No
Others
Tax ID 15314429
