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942 Bonham Avenue

Wilmington, NC 28403
  • $2,495,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 100423191
UPDATED: 67 min ago
$2,495,000
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,534
    SQFT
  • $216
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-05-22T18:58:47.983.
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942 Bonham Avenue Wilmington, NC 28403

  • Price: $2,495,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 67 min ago
  • MLS #: 100423191
0
Beds
0
Baths
0
½ Baths
0.65
Acres
11,534
SQFT
$216
$/SQFT
1991
Built
Neighborhood:
Highwood Park
County:
New Hanover
Area:
Wilmington
Property Description
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.
Exterior Features

Construction Wood Frame Exterior Finish Brick VeneerVinyl Siding Foundation Slab Location ResidentialSee Remarks Location Type Mainland Lot Dimensions 149 x 200 x 133 x 201 Lot Water Features None Number Of Parking Spaces 25 Parking Driveway AsphaltOff StreetParking LotPrivate Road Type Frontage 2 - 3 Lanes Roof Metal

Interior Features

Attic Access Only Basement None Cooling System Central Flooring CarpetLaminateTile Heating System Heat Pump Sq Ft Total Available 11534.00 Water Heater Electric

Property Features

Airport Less than 5 Miles City Limits Yes Cobra Zone No Commercial Features See Remarks Commercial Sub Type Other County Highway Less than 5 Miles County Taxes 9852.00 Current Use Rental Residential Current Use1 Multi-Family Electric Provider Duke Progress Energy Federal Flood Ins Avlbl Yes Financial Info Yes Fuel Tank None Green Building Features None Gross Income 194500.00 Hoa Amenities No Amenities Hoa YN No Insurance Expense 10429.00 Interstate Less than 5 Miles Lease Types See Remarks Management Fee 15384.00 New Construction No Occupancy 100.00 Port 6 - 10 Miles Possession At ClosingSubject To Tenant Rights Property Taxes 9852.70 Rail 6 - 10 Miles Sale Lease Includes BuildingsLandSee Remarks Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority State Highway 6 - 10 Miles Stipulation Of Sale None Tax Year 2023 Terms 1031 ExchangeCashConventional Total Annual Expenses 44853.00 Water Provider Cape Fear Public Utility Authority Water Sewer Municipal SewerMunicipal Water Zoning MF-M



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Jeffrey Hovis of Intracoastal Realty Corp: (910) 256-4503.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-05-22T18:58:47.983.
 
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Thirty 4 North Properties Group | Coldwell Banker Sea Coast Advantage
110 Dungannon Blvd, Suite 100
Wilmington NC, 28403