1135 4th Street Novato CA 94945 MLS #326045516

Great investment/fixer opportunity in Old Town Novato! Charming 3bd/2ba bungalow and detached 1bd/1ba ADU located just blocks from shopping, dining, and everyday conveniences. This rare property offers exceptional versatility and income potential on a spacious approximately 7,500 square foot corner lot. The house and ADU combo is ideal for multi-generational living, rental income, owner-occupancy with supplemental income, or long-term investment potential. The main home offers a bright, light-filled interior with an open-concept great room design that seamlessly connects the kitchen, dining, and living areas for comfortable everyday living and entertaining. A sliding glass door opens to a spacious backyard with lawn and garden space, creating an inviting indoor-outdoor flow. The primary suite includes a walk-in closet, and both homes feature the convenience of interior laundry. The detached ADU offers its own private entrance on Romar Ct. It features large front and rear yards and includes a cozy kitchen with a Samsung range, stainless dishwasher and brand-new wall heater. Both residences feature double-pane vinyl windows. Additional amenities include a detached single-car garage, built in 2019, plus driveway parking for up to three vehicles. With flexible living arrangements, and upside potential, this property presents an excellent opportunity for investors, contractors, or buyers looking to add value in one of Novato’s most convenient locations. Property needs work and is priced accordingly; an opportunity not to be missed.