Property

Wilmington, DE 19806 1401 N Broom Street

Pending
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1401 N Broom Street Wilmington, DE - Image 41401 N Broom Street Wilmington, DE - Image 51401 N Broom Street Wilmington, DE - Image 61401 N Broom Street Wilmington, DE - Image 71401 N Broom Street Wilmington, DE - Image 81401 N Broom Street Wilmington, DE - Image 91401 N Broom Street Wilmington, DE - Image 101401 N Broom Street Wilmington, DE - Image 111401 N Broom Street Wilmington, DE - Image 121401 N Broom Street Wilmington, DE - Image 131401 N Broom Street Wilmington, DE - Image 14
Presented By: Long & Foster Real Estate, Inc.
  • MLS# DENC2093086
  • 11/14/2025
  • Request Tour
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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 1401 N Broom Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas, Oil
Heating Y/NYes
Hot WaterNatural Gas

General for 1401 N Broom Street

Acceptable FinancingCash, Conventional, Exchange, Negotiable
AccessibilityNone
Business TypeApartment Building
CityWILMINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Window Unit(s)
CountyNEW CASTLE
DirectionsUSE GOOGLE MAPS OR WAZE
HeatingHot Water
Lot Size Square Feet7840.80
Lot Size UnitsSquare Feet
MLS AreaWilmington (30906)
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionNegotiable
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount14139.0
Tax Assessed Value152700.0
Tax Lot188
Tax Year2024
UtilitiesNatural Gas Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1877
Year Built SourceEstimated
Zoning26R-2A

Exterior for 1401 N Broom Street

Building Area Total0.00
Car Parking Spaces
Foundation DetailsStone
Land Assessed Value20000.00
Land Use Code
Lot Dimensions26.00 x 150.00
Lot Size Acres0.18
Lot Size SourceEstimated
LotDimensionsSourceEstimated
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

Tina Torres

Broker/Owner
Price $1,100,000
MLS#DENC2093086
List Date 11/14/2025
Property Type Pending
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