House for sale 513 N Broom Street, Wilmington, DE 19805-3114

513 N Broom Street, Wilmington, DE 19805-3114 $395,000

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# of Units: 3
Interior Sq. Ft: 2,425
Acreage: 0.06
Age:135 years
Taxes: $2,472

MLS#: DENC2077178
Design/Type:
Twin/Semi-Detached

Description

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 donâ€™t want to miss this one! Although this property has been well maintained, property is being sold in â€œas isâ€ condition.

Taxes: $2,472
Home Assoc: No
Condo Assoc: No

Garage: N
Basement: Y
Pool: No Pool

School Dist: Red Clay Consolidated

Features

Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Unfinished Basement

Exterior
Stone Foundation, Brick Exterior, Stucco Exterior, Sidewalks

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (30 schools)

School	District	Grades	Place	Distance
Lewis (William C.) Dual Language Elementary School	Red Clay Consolidated School District	K–5	Wilmington	0.41 mi
The Bayard School	Christina School District	1–8	Wilmington	0.45 mi
First State School	Red Clay Consolidated School District	1–10	Wilmington	0.86 mi
Johnson (Joseph E. Junior) Elementary School	Red Clay Consolidated School District	K–5	Wilmington	0.98 mi
Douglass School	Christina School District	1–12	Wilmington	1.05 mi
First State Montessori Academy	First State Montessori Academy	K–8	Wilmington	1.06 mi
Kuumba Academy Charter School	Kuumba Academy Charter School	K–8	Wilmington	1.12 mi
Shortlidge (Evan G.) Academy	Red Clay Consolidated School District	K–2	Wilmington	1.12 mi
Warner Elementary School	Red Clay Consolidated School District	3–5	Wilmington	1.15 mi
The Bancroft School	Christina School District	1–9	Wilmington	1.22 mi
Stubbs Early Education Center	Christina School District	Preschool–K	Wilmington	1.34 mi
Edison (Thomas A.) Charter School	Edison (Thomas A.) Charter School	K–8	Wilmington	1.73 mi
Baltz (Austin D.) Elementary School	Red Clay Consolidated School District	K–5	Wilmington	1.85 mi
Odyssey Charter School	Odyssey Charter School	K–12	Wilmington	1.97 mi
Harlan (David W. ) Elementary School	Brandywine School District	Preschool–5	Wilmington	2.15 mi
Richardson Park Elementary School	Red Clay Consolidated School District	K–5	Wilmington	2.17 mi
East Side Charter School	East Side Charter School	K–8	Wilmington	2.27 mi
Lombardy Elementary School	Brandywine School District	K–5	Wilmington	3 mi
Richey Elementary School	Red Clay Consolidated School District	K–5	Wilmington	3.07 mi
Marbrook Elementary School	Red Clay Consolidated School District	K–5	Wilmington	3.21 mi
Mote (Anna P.) Elementary School	Red Clay Consolidated School District	K–5	Wilmington	3.98 mi
Mount Pleasant Elementary School	Brandywine School District	K–5	Wilmington	3.99 mi
Eisenberg (Harry O.) Elementary School	Colonial School District	K–5	New Castle	4 mi
The Colwyck Center	Colonial School District	Preschool	New Castle	4.19 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	4.23 mi
Carrcroft Elementary School	Brandywine School District	K–5	Wilmington	4.37 mi
Wilmington Manor Elementary School	Colonial School District	K–8	New Castle	4.51 mi
Castle Hills Elementary School	Colonial School District	K–5	New Castle	4.59 mi
Brandywine Springs School	Red Clay Consolidated School District	K–8	Wilmington	4.73 mi
Charter School of New Castle	Charter School of New Castle	K–8	New Castle	4.91 mi

Public Middle (10 schools)

School	District	Grades	Place	Distance
First State School	Red Clay Consolidated School District	1–10	Wilmington	0.86 mi
Douglass School	Christina School District	1–12	Wilmington	1.05 mi
The Bancroft School	Christina School District	1–9	Wilmington	1.22 mi
duPont (Alexis I.) Middle School	Red Clay Consolidated School District	6–8	Greenville	1.69 mi
Odyssey Charter School	Odyssey Charter School	K–12	Wilmington	1.97 mi
duPont (Pierre S.) Middle School	Brandywine School District	6–8	Wilmington	2.06 mi
Gateway Charter School	Gateway Charter School	3–8	Wilmington	3.23 mi
McCullough (Calvin R. ) Middle School	Colonial School District	6–8	New Castle	3.45 mi
Springer Middle School	Brandywine School District	6–8	Wilmington	4.22 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	4.23 mi

Public High (16 schools)

School	District	Grades	Place	Distance
First State School	Red Clay Consolidated School District	1–10	Wilmington	0.86 mi
Freire Charter School	Freire Charter School Wilmington	8–12	Wilmington	0.99 mi
Douglass School	Christina School District	1–12	Wilmington	1.05 mi
Great Oaks Charter School	Great Oaks Charter School	8–12	Wilmington	1.12 mi
The Bancroft School	Christina School District	1–9	Wilmington	1.22 mi
Calloway (Cab) School of the Arts	Red Clay Consolidated School District	6–12	Wilmington	1.26 mi
Charter School of Wilmington	Charter School of Wilmington	9–12	Wilmington	1.26 mi
Howard High School of Technology	New Castle County Vocational-Technical School District	9–12	Wilmington	1.29 mi
Odyssey Charter School	Odyssey Charter School	K–12	Wilmington	1.97 mi
Delaware Military Academy	Delaware Military Academy	9–12	Wilmington	2.09 mi
Conrad Schools of Science	Red Clay Consolidated School District	6–12	Wilmington	2.59 mi
duPont (Alexis I.) High School	Red Clay Consolidated School District	9–12	Wilmington	2.81 mi
Delcastle Technical High School	New Castle County Vocational-Technical School District	9–12	Wilmington	3.61 mi
Mount Pleasant High School	Brandywine School District	9–12	Wilmington	3.63 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	4.23 mi
Brandywine High School	Brandywine School District	9–12	Wilmington	4.3 mi

Private (31 schools)

School		Grades	Place	Distance
Padua Academy	Roman Catholic	9–12	Wilmington	0.27 mi
St Anthony Of Padua Grade School	Roman Catholic	Preschool–8	Wilmington	0.38 mi
Nativity Preparatory School Of Wilmington	Roman Catholic	5–8	Wilmington	0.42 mi
Ursuline Academy Lower	Roman Catholic	K–5	Wilmington	0.48 mi
St Peter Cathedral School	Roman Catholic	Preschool–8	Wilmington	0.71 mi
Serviam Girls Academy	Roman Catholic	5–8	Wilmington	0.72 mi
St Elizabeth School	Roman Catholic	Preschool–12	Wilmington	0.8 mi
Urban Promise Academy	Nonsectarian	7–11	Wilmington	0.94 mi
St Ann School	Roman Catholic	Preschool–8	Wilmington	1.01 mi
St Michaels School & Nursery Inc	Nonsectarian	Preschool–K	Wilmington	1.08 mi
High Road School Of Delaware	Nonsectarian	3–12	Wilmington	1.12 mi
Darul Amaanah Academy	Islamic	K–8	Wilmington	1.18 mi
Augustine Hills School	Nonsectarian	4–11	Wilmington	1.25 mi
Sharon Temple Adventist School	Seventh-Day Adventist	K–8	Wilmington	1.25 mi
Tower Hill School	Nonsectarian	Preschool–12	Wilmington	1.35 mi
Salesianum School	Roman Catholic	9–12	Wilmington	1.35 mi
Wilmington Friends School	Friends	Preschool–12	Wilmington	1.66 mi
All Saints Catholic School	Roman Catholic	Preschool–8	Wilmington	1.79 mi
Urban Promise School	Other	Preschool–6	Wilmington	1.85 mi
Astra Zeneca Child Development Center	Nonsectarian	Preschool–K	Wilmington	2.21 mi
Maranatha Christian Academy	Brethren	K–6	Wilmington	2.41 mi
Program For Rigor And Innovation In Education	Nonsectarian	6–8	Wilmington	2.74 mi
The Tatnall School	Nonsectarian	Preschool–12	Wilmington	3 mi
Montessori Learning Centre	Nonsectarian	Preschool–K	Wilmington	3.28 mi
St Mary Magdalen School	Roman Catholic	Preschool–8	Wilmington	3.34 mi
Concord Preschool And Childcare	Presbyterian	Preschool–K	Wilmington	3.34 mi
Immaculate Heart Of Mary	Roman Catholic	Preschool–8	Wilmington	3.42 mi
Faith Preschool & Child Care	Presbyterian	Preschool–K	Wilmington	3.91 mi
Brandywine Valley Christian Presch	Baptist	Preschool–K	Wilmington	4.11 mi
Albert Einstein Academy	Jewish	K–5	Wilmington	4.4 mi
The Pilot School	Nonsectarian	Ungraded	Wilmington	4.94 mi

This report is a detailed community overview for Wilmington (19805), Delaware.

Community Quick Facts

Average travel time to work for people in this community: 22
Average salary of people in this community: $40,573

Community Summary

Population Density (ppl / mile): 7,227
Household Size (ppl): 2.55
Households w/ Children: 67%

Housing Inventory

Owned: 7,776 (44.8%)
Rented: 7,080 (40.8%)
Vacant: 2,486 (14.3%)
Total: 17,342

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 38,457

Households: 14,856

Median Age: 34.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

Less than 9th Grade: 7.0%
Some High School: 8.9%
High School Graduate: 41.2%
Some College: 15.5%

Associate Degree: 5.8%
Bachelor's Degree: 13.7%
Graduate Degree: 8.0%

Income by dollar range

Median Income: $47,885

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio: $800
One Bedroom: $855
Two Bedroom: $1,029

Three Bedroom: $1,219
Four Bedroom: $1,426

Contact Information

Schedule an Appointment to See this Home
Request more information
or call me now at 302-540-4004

Listing Courtesy of: RE/MAX Associates-Wilmington , (302) 477-3900, john@johnwford.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/15/2025.

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Market Trends

Wilmington, DE
Homes for Sale: 413
Average List Price:
$400,769
Sold Last 90 Days: 695
Median Sold Price:
$310,000

Estimated Payment

Monthly @6.71%
$2,041.17
30 year fixed
20% down

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