Wilmington, NC 28403,942 Bonham AVE
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Wilmington, NC 28403,942 Bonham AVE
Wilmington, NC 28403,942 Bonham AVE
Wilmington, NC 28403,942 Bonham AVE
Wilmington, NC 28403,942 Bonham AVE
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Lanier Property Group Team

Lanier Property Group Team

+1(910) 398-4304
$ 2,495,000
Est. payment /mo
Active

942 Bonham AVE Wilmington, NC 28403

11,534 SqFt


UPDATED:

09/26/2024 10:34 AM

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,534 sqft

Price per Sqft $216

Subdivision Highwood Park

MLS Listing ID 100423191

Style Wood Frame

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1991

Annual Tax Amount $9,852

Lot Size 0.648 Acres

Acres 0.65

Lot Dimensions 149 x 200 x 133 x 201

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.

Location

State NC

County New Hanover

Community Highwood Park

Zoning MF-M

Direction From Market Street, take Covil Avenue south, turn left on to Wrightsville Avenue. Turn left on to Bonham Avenue. Property is on the left.

Rooms

Basement None

Interior

Heating Electric, Heat Pump

Cooling Central Air

Flooring Carpet, Laminate, Tile

Exterior

Garage Private, Parking Lot, Asphalt, Off Street

Waterfront Description None

Roof Type Metal

Building

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Tax ID R05514-001-024-000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None


Hive MLS / (NCRMLS)
Listed by Intracoastal Realty Corp

Lanier Property Group Team

Broker | License ID: 273505

+1(910) 398-4304

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942 Bonham AVE