$ 1,995,000
-
$1,995,000
Price -
9
Bed - Bath
-
8,095
SqFt
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About the Listing LNFGREEN - 3146765,3225804
Investment Opportunity – Monument Square Apartments presents a rare chance to acquire a stabilized 10-unit multifamily property in Wilmington’s 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 Wilmington’s most desirable rental corridors. Full financials and package details available upon request.
Listing Highlights for 1401 & 1403 N Broom St
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
DENC2089420
Year Built
1877
Total Square Footage
8,095
Lot/Acreage
0.18
Interior Details
- Bedrooms: 9
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C,Window Unit(s)
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 8095
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 26.00 x 150.00
- Zoning: 26R-2A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $14,139
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1401 & 1403 N Broom St Wilmington, DE 19806
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