Property
Wilmington, NC 28403 942 Bonham Avenue
$2,495,000
20 more
Presented By: Intracoastal Realty Corp
- MLS# 100423191
- 01/20/2024
SQFT • 11,534
Home Details
Bonham Bay Townhomes are conveniently located in the Mid-Town area of Wilmington North Carolina. This multifamily investment is currently 100% occupied. Bonham Bay Townhomes consists of 11 townhome units, all of which are approximately 1,000 square feet in size. Each unit has two bedrooms, two full bathrooms, powder room, private entry, outdoor patio, and off-street parking. The property is located close to Downtown Wilmington, UNCW, CFCC, Shopping, Entertainment, Medical Services, Public Transportation, Beaches and so much more. The current owners have upgraded the units, stabilized rents, and opened the opportunity to grow this investment. Property is currently managed professionally, and operations are turnkey for the next investor. The Multifamily zoning classification opens development opportunities. Complete financial information is available from the listing agent.
Presented By: Intracoastal Realty Corp
Interior Features for 942 Bonham Avenue
Other Interior Features
Miscellaneous: Current UseRental Residential
AtticAccess Only
BasementNone
FlooringCarpet, Tile, Laminate
List Price/SqFt216.32
General for 942 Bonham Avenue
AirportLess than 5 Miles
C & I FeaturesSee Remarks
CityWilmington
City LimitsYes
Co Listing Member NameSky Grainger
Cobra ZoneNo
ConstructionWood Frame
CoolingCentral
CountyNew Hanover
County HighwayLess than 5 Miles
Days on Market304
Geo Lat34.220395
Geo Lon-77.893971
Green Bldg FeaturesNone
HOANo
HOA and Neigh AmenitiesNo Amenities
HeatingHeat Pump
InterstateLess than 5 Miles
Listing Member NameJeffrey G Hovis
LocationResidential, See Remarks
Location TypeMainland
Lot Sqft28227.00
New ConstructionNo
Number of Units11
Port6 - 10 Miles
PossessionAt Closing, Subject To Tenant Rights
Property TypeG
Rail6 - 10 Miles
RoofMetal
Sale/LeaseSale
Sale/Lease IncludesBuildings, See Remarks, Land
Secondary SubdivisionN/A
Special AssessmentsNone
State Highway6 - 10 Miles
StatusActive
Stipulation of SaleNone
Street NameBonham
Sub-TypeOther
SubdivisionHighwood Park
Tax Assessed Value1166000.00
Tax Year2023
Terms1031 Exchange, Cash, Conventional
UtilitiesMunicipal Sewer, Municipal Water
Virtual TourClick here
Water HeaterElectric
Year Built1991
ZoningMF-M
current useMulti-Family
Exterior for 942 Bonham Avenue
Exterior FinishBrick Veneer, Vinyl Siding
FoundationSlab
Fuel TankNone
Lot Acres0.65
Lot Dimensions149 x 200 x 133 x 201
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Number of Parking Spaces25
Parking FeaturesAsphalt, Private, Parking Lot, Off Street
Road Type/Frontage2 - 3 Lanes
SqFt - Total Available11534.00
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert