Wilmington, DE 19806 1403 N Broom Street

Pending
1403 N Broom Street Wilmington, DE - Image 1
Presented By: Long & Foster Real Estate, Inc.
  • MLS# DENC2093092
  • 11/14/2025
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Home Details

Investment Opportunity Monument Square Apartments presents a rare chance to acquire a stabilized 10-unit multifamily property in Wilmingtons sought-after Trolley Square neighborhood. The asset consists of two adjoining three-story brick buildings on separate parcels, with each apartment featuring its own character and separately metered utilities. Over the past five years, ownership has invested in both cosmetic updates and key system improvements across all units, enhancing tenant appeal and reducing near-term capital needs. The property is well-positioned to provide consistent cash flow with upside through future rent growth in a high-demand submarket. For scale-minded investors, this property can also be acquired with two adjacent buildings totaling 19 additional units plus a buildable lot, offering immediate portfolio expansion in one of Wilmingtons most desirable rental corridors. Full financials and package details available upon request.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for 1403 N Broom Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterOil

General for 1403 N Broom Street

AccessibilityNone
Business TypeApartment Building
CityWILMINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Window Unit(s)
CountyNEW CASTLE
DirectionsUSE GOOGLE MAPS OR WAZE
HeatingHot Water
Legal SubdivisionWILMINGTON
Lot Size Square Feet3920.00
Lot Size UnitsSquare Feet
MLS AreaWilmington (30906)
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionNegotiable
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount12641.0
Tax Assessed Value927300.0
Tax Lot189
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1877
Year Built SourceEstimated
Zoning26R-2A

Exterior for 1403 N Broom Street

Building Area Total0.00
Car Parking Spaces
Land Assessed Value232200.00
Land Use Code
Lot Dimensions26.00 x 150.00
Lot Size Acres0.09
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $900,000
MLS#DENC2093092
List Date 11/14/2025
Property Type Pending
Phone 703.929.4729
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