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Sold on 12/29/2021

45 Bridge Rd, Novato, CA 94945

$943,000

Last sold 12/29/2021 for $880K

  • 1

    bed

  • 2

    bath

Multi-family not for sale
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About 45 Bridge Rd

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 6,216 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
2-unit multifamily property located in Black Point area of Novato. Property offers a two-story multifamily building, consisting of one, one-bedroom, one-bath units and one studio, one-bath units. The units are in good condition, offering fantastic water views and outdoor space. In addition, there is the potential to add a home office or workshop. The subject property provides both first time multifamily buyers and seasoned professionals an excellent, easy to maintain property, with value added opportunities in one of Novato's best neighborhoods
Listed by
Listing Agent - Erich M Reichenbach
Listing Office - Marcus & Millichap Real Estate Investment Services, Inc.
Source: BAREIS mls logo
MLS#321111203 • last updated 4 years ago
Movoto checked BAREIS for data 4 minutes ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Individual, Natural Gas
Levels/Style 0
SubType Duplex
Type Residential Income
Year Built 1950
MLS # 321111203
Status Closed
On Market Date 2021-12-03
Lot Size (Acres) 0.1427
Lot Size (SqFt) 6216
Interior
Laundry Washer/Dryer Hookups
Flooring Carpet, Linoleum
Appliances Gas Water Heater, Varies By Unit
Exterior
# Garage Spaces 2
# Parking Spaces 4
Parking Detached, Garage, Off Street
Lot Desc Private
Amenities / Utilities
Water Source Public
Sewer/ Septic Septic System
Location
Area Novato
County Marin
APN 143-200-16
Multifamily Details
1-BR: Rent Range 2650
Unit 2: # Full Bathrooms 1
Unit 2: # of Rooms 4
Unit 1 With Views
Unit 1: # Full Bathrooms 1
Unit 2 With Views And Garden
Unit 1: # Bedrooms 1
Unit 1: # of Rooms 5
# of Units 2
# of 1-Bedroom Units 1
# of Studio Units 1
Total # of Buildings 1
Separate Meters Electricity, Gas
Gross Rent Multiplier 15.95
Gross Scheduled Income $ 56400
Cap Rate 4.26
$943K
Range: $820K-$1.06M
Last 30 days 
  • Year Property taxes Tax assessment
  • 2024
    $11,279 +2.1%
    $933,856 +4.04%
  • 2023
    $11,052 +2.7%
    $897,600 +2.0%
  • 2022
    $10,757 +198.8%
    $880,000 +246.62%
  • 2021
    $3,600 +0.9%
    $253,878
  • 2020
    $3,566 +5.6%
    $253,878 +1.04%
  • 2019
    $3,377 +1.4%
    $251,268 +2.0%
  • 2018
    $3,331 +1.7%
    $246,341 +2.0%
  • 2017
    $3,274 +7.5%
    $241,512 +2.0%
  • 2016
    $3,045 +1.4%
    $236,777
  • 2015
    $3,002
    —
  • 45 Bridge Rd
    $880K
  • Northeast Novato
    $1.21M 0% y/y
  • 94945
    $1.2M +11% y/y
  • Novato
    $1.04M -3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Olive Elementary School
public Grades K-5
Novato Unified School District
6/10
Sinaloa Middle School
public Grades 6-8
Novato Unified School District
8/10
San Marin High School
public Grades 9-12
Novato Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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