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listing
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CommercialFor Sale
$1,295,000
1608 N Broom Street
Wilmington, DE 19806
Listed by: Long & Foster Real Estate, Inc., (302) 351-5000
MLS: Bright MLS
Est. Mortgage
$6,785/mo

1608 N. Broom Street – Prime Investment Opportunity in Wilmington’s Coveted Trolley SquarePresenting 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.

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This data is up-to-date as of 12/03/2025 03:06 PM. Listing provided by Buzz Moran of Long & Foster Real Estate, Inc..
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