Courtesy of: Rudolph Johnson, Keller Williams Inspire, rudyjohnson@kw.com
Courtesy of: Rudolph Johnson, Keller Williams Inspire, rudyjohnson@kw.com
$1,775,000
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Lot: 0.15 Acres
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Other
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$1,775,000
10-12 N River Street Great Investment Opportunity! 8.44 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.
Courtesy of: Rudolph Johnson, Keller Williams Inspire, rudyjohnson@kw.com
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