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942 Bonham Avenue Wilmington, NC $ 2,495,000
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$ 2,495,000 Get more info
942 Bonham Avenue
$ 2,495,000
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942 Bonham Avenue

Wilmington, NC, 28403
$ 2,495,000
Baths0.0 Sq 11,534

Monthly Estimate*

$ 16,583

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Studio

Commercial Property for sale in Wilmington, NC

for $2,495,000. This 11,534 square foot building was built in 1991 on a lot size of 0.65.

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.

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Commercial Active

Price

$ 2,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,852

Style

Lot Size

0.65

Year Built

1991

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100423191
Features
General
Construction Wood Frame
Heating Heat Pump
Cooling Central
Utilities Municipal Sewer Municipal Water
Possession At Closing Subject To Tenant Rights
Roof Metal
Water Heater Electric
current use Multi-Family
Zoning MF-M
New Construction No
Subdivision Highwood Park
County New Hanover
Number of Units 11
Stipulation of Sale None
Property Type G
HOA No
Terms 1031 Exchange Cash Conventional
Location Residential See Remarks
Tax Year 2023
Status Active
Lot Sqft 28227.00
Days on Market 127
City Limits Yes
Sub-Type Other
Year Built 1991
City Wilmington
Airport Less than 5 Miles
County Highway Less than 5 Miles
Interstate Less than 5 Miles
Port 6 - 10 Miles
Rail 6 - 10 Miles
State Highway 6 - 10 Miles
HOA and Neigh Amenities No Amenities
Virtual Tour http://sites.uniquemediadesign.com/942bonhamavenue?mls
Listing Member Name Jeffrey G Hovis
Location Type Mainland
Street Name Bonham
Co Listing Member Name Sky Grainger
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Interior
Basement None
Flooring Carpet Laminate Tile
Attic Access Only
List Price/SqFt 216.32
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Exterior
Foundation Slab
Number of Parking Spaces 25
Exterior Finish Brick Veneer Vinyl Siding
Lot Dimensions 149 x 200 x 133 x 201
Parking Features Asphalt Off Street Parking Lot Private
Lot Acres 0.65
Lot Water Feature None
Road Type/Frontage 2 - 3 Lanes
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Internal Only
OriginalMLSID 100423191
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* Excluded Features
List By
Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corp

Broker

jhovis@intracoastalrealty.com

Email

Affordability Calculator

$17,404
Per Month
95%
5%
0%
Monthly Principal & Interest
$16,583
Monthly Property Taxes
$821
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/20/2024$2,495,000 Listed Price

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942 Bonham Avenue, Wilmington, NC, 28403 is a Commercial Property for sale at $2,495,000 with 11,534 sqft and a lot size of 0.65. 942 Bonham Avenue is a studio with 0.0 baths and was built in 1991. The property's zip code is 28403 which is in Wilmington, NC

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