#DENC2076660, Tatyana A Barrett, Listing Office: Redfin Corporation
513 N Broom St Wilmington, DE 19805
Property details
About 513 N Broom St
Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied, 3-unit apartment building that is conveniently located near the Wilmington Riverfront, downtown employers, the Wilmington Train Station and easy access to I-95. Rarely available, this building has been well maintained by the current owners and features one 1 bedroom apartment and two 2 bedroom apartments. All apartments feature central air conditioning and each unit is separately metered for gas and electric services. Tenants pay their own utilities and the landlord pays the utilities for the common areas (basement and foyer), lawn/grounds care, property taxes and building insurance. Please see income and expense sheet for additional information. Notable updates include NEW HVAC systems for Units 1 & 2 (2023), NEW HVAC system for Unit 3 (2024), Newer Roof (2021), New Hot Water Heaters for Units 1 & 2 (2022), Unit 2 Remodeled (2023) and Unit 3 Remodeled (2024). The kitchens in the remodeled units feature GRANITE countertops. The property also comes with a coin-operating washer and dryer in the basement that are currently used by the tenants. Producing approximately $4,000 a month, this is a solid investment property with good rental history. You don’t want to miss this one! Although this property has been well maintained, property is being sold in “as is” condition.
Highlights
(ACTIVE)
Summary
- MLS Number: DENC2077178
- MLS Name: BRIGHT
- Office Name: RE/MAX Associates-Wilmington
- Office Phone: (302) 477-3900
- Office Email: john@johnwford.com
- Listing Agent: Renee Spruiel
- Agent Phone: (302) 559-5402
- Agent Email: rspruiel@yahoo.com
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 9:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$395,000
513 N Broom St
$4,691
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $48,900 | $1,326 |
2021 | $48,900 | $2,305 |
2020 | $48,900 | $1,337 |
2019 | $48,900 | $1,331 |
2018 | $48,900 | $1,329 |
2017 | $48,900 | $1,259 |
History based on county public records data.
Nearby schools
5
William C. Lewis Dual Language Elementary School
Public District KG-5
0.4 mi
•920 N Van Buren St
4
Highlands Elementary School
Public District KG-5
1.0 mi
•2100 Gilpin Ave
1
Warner Elementary School
Public District 3-5
1.1 mi
•801 W 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,918. The most common annual income of people living in Wilmington, DE is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in Wilmington, DE
About 513 N Broom St
This home is located at 513 N Broom St in Wilmington, DE and zip code 19805. This 2,425 square foot home, which was built in 1890, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $395,000.
Over 36 listings were sold over their listed price in February 2025 in Wilmington, DE. In the same period over 48 listings were sold below the listed price and 37 listings were sold for the listed price. The number of listings in Wilmington, DE increased by 3.9% between January and February 2025. In February 2025 median list price was $329,962 and the average listing age was 30 days.