$1,295,000

1608 N BROOM ST, Wilmington, DE 19806

  • Property Icon other
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

1608 N. Broom Street – Prime Investment Opportunity in Wilmington’s Coveted Trolley Square Presenting a rare and lucrative opportunity to acquire a well-maintained six-unit multifamily property in the heart of Wilmington’s vibrant Trolley Square neighborhood. This sought-after location offers the perfect blend of urban living and convenience, with an array of dining, shopping, and entertainment options just steps away. This property features five fully renovated one-bedroom units, each boasting modern finishes, updated appliances, and contemporary design touches that appeal to today’s discerning tenants. In addition to the cosmetic upgrades, significant mechanical improvements have been made throughout the building, ensuring long-term durability and minimal maintenance. With a thoughtful layout, the building offers three front-facing units with street views and three rear-facing units that provide added privacy, making it ideal for a wide range of renters. A shared laundry facility in the basement, equipped with two washers and two dryers, adds convenience for residents and minimizes operating costs. Whether you’re an experienced investor or just starting to build your real estate portfolio, this property offers strong cash flow potential and a prime location in one of Wilmington’s most desirable neighborhoods. Full financials available upon request.

Listing Status:
Active
Listing Office:
Long & Foster Real Estate, Inc. : 3023515000
Listing Agent:
Buzz Moran : 3027406529
MLS ID:
DENC2089592
  • Basement: Walkout stairs
  • Flooring: Hardwood
  • A/C: Ductless/Mini-Split
  • Heating: RadiantNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Colonial
  • Roofing: PitchedShingleSlate
  • General: BrickStone
  • Originating MLS: BRIGHT_MAIN
  • School District: RED CLAY CONSOLIDATED
  • County: NEW CASTLE-DE
  • Zoning: 26R-2A26-020.20-223
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Buzz Moran, Long & Foster Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William C. Lewis Dual Language Elementary School

920 N Van Buren St, Wilmington, DE, 19806

Grades KG-5

0.46 miles away

F

First State School

501 W 14th St, Wilmington, DE, 19801

Grades 2-12

0.55 miles away

F

First State School

501 W 14th St, Wilmington, DE, 19801

Grades 2-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.