



Great Investment Opportunity! 8.6 CAP RATE. In the heart of downtown Batavia, Mixed Use Multi Unit Historical Limestone Building. Remodeled and updated (Over a 1/3 of the building was taken down to studs in 2020) with value ad possibilities remaining! Low Vacancy 4 Residential Apartments, 1 Storefront Restaurant with beer garden in back and patio seating fronting to closed of River Street. CASH FLOW IS STRONG!. Three 2 Bedroom Apartments, One 1 Bedroom Apartment. Currently one floor of apartments are long term tenants, the other short term rentals with excellent occupancy rates. Updates include all 4 Residential units. Roof (2020), Windows (2020), Furnaces and almost all of the AC Units (Between 2020 and 2024). This building is a staple of downtown Batavia and will be for decades to come.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $16100 | NZD $28,243* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Keller Williams Inspire
Property ID: 110120651061
Original Property ID: 3yd-MREDIL-12788874