About 1608 N Broom St
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.
Features of 1608 N Broom St
MLS® # | DENC2089592 |
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Price | $1,325,000 |
Bathrooms | 0.00 |
Acres | 0.12 |
Year Built | 1910 |
Type | Multi-Family |
Sub-Type | Other, Detached |
Style | Colonial |
Status | Active |
Community Information
Address | 1608 N Broom St |
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Area | Wilmington (30906) |
Subdivision | TROLLEY SQUARE |
City | WILMINGTON |
County | NEW CASTLE-DE |
State | DE |
Zip Code | 19806 |
Senior Community | N |
Amenities
Parking Type | On Street |
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Is Waterfront | No |
Pool Type | No Pool |
Interior
Heating | Radiant |
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Cooling | Ductless/Mini-Split |
Fireplace | No |
# of Stories | 3 |
Has Basement | Yes |
Basement | Walkout Stairs |
Central Air | N |
Exterior
Exterior | Brick and Siding |
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Style | Colonial |
Roof | Pitched, Shingle, Slate |
New Construction | N |
Foundation | Stone |
School Information
District | RED CLAY CONSOLIDATED |
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Additional Information
Date Listed | September 17th, 2025 |
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Days on Market | 27 |
Zoning | 26R-2A |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Long & Foster Real Estate, Inc. |
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Contact Info | (302) 351-5000 |