942 Bonham Avenue

Wilmington, NC 28403
Square Ft.
11,534
$2,450,000
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, privateRead MoreRead Less
Courtesy of Jeffrey G Hovis, Intracoastal Realty Corp
Listing Snapshot
Days Online
134
Last Updated
Property Type
Multi Family
Square Ft.
11,534
Lot Size
0.65 Acres
Year Built
1991
MLS Number
100507706
30 Days Snapshot Of 28403
$448k
-15%
(avg) sold price
24
-41%
homes sold
78
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road/Trans Access: Airport: Less than 5 Miles, Road/Trans Access: County Highway: Less than 5 Miles, Road/Trans Access: Interstate: Less than 5 Miles, Road/Trans Access: Port: 6 - 10 Miles, Road/Trans Access: Rail: 6 - 10 Miles, Road/Trans Access: State Highway: 6 - 10 Miles
Attic Information
Access Only
Basement
None
Cooling
Central Air
Exterior Features
Brick Veneer, Vinyl Siding
Floors
Carpet, Tile, Laminate
Foundation
Slab
Water Features
Electric
Heating
Heat Pump
Home Owner's Association
HOA Amenities: No Amenities
Lot
28,314 sqft lot, Lot Dimensions: 149 x 200 x 133 x 201, Lot Water Features: None, 0.65 acres
Energy Saving
None
Parking
Parking/Driveway: Asphalt, Private, Parking Lot, Off Street, 25 parking spaces
Property
11 units, 11,534 heated sqft, 5,796 total available sqft, Built in 1991, C & I Features: See Remarks, Cap Rate %: 7.00, Common Area Maint: $4,500, Construction: Wood Frame, Current Use: Rental Residential, Federal Flood Insurance available, Financial Info: Yes, Gross Income: $209,880, Insurance Expense: $14,210, List Price/SqFt: $212, Management Fee: $15,664, Net Operating Income: $172,539, Occupancy: 100.00, Real Estate Taxes: $11,677, Total Annual Expenses: $37,341, Zoning: MD-17
Roof
Metal
Sewer
Water Available
Taxes
City Tax Rate: 6588, County Taxes: $9,852, Property Taxes: $10,144, Tax Year: 2024
Utilities
Electric Provider: Duke Progress Energy, Sewer Provider: Cape Fear Public Utility Authority, Water Provider: Cape Fear Public Utility Authority, Fuel Tank: None
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Monthly Payment
$0
O.K. Hogan
REALTOR®/BROKER, CCIM, SFR
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Intracoastal Realty Corp shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.