Agent profile image in chat bubble
Agent profile image in chat header

IDX Support

sales rep | Brivity IDX

Agent profile image in message

709 709-711 N Broom St , Wilmington, DE 19805
$4,999,999
Est. Payment: $27,344.04/mo
20560 Sqft
0.42 Acres
Status: active | Days on site: 45
Get Pre-Qualified
LNFGREEN - 3177792,3143350
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Don’t miss this once-in-a-lifetime opportunity to own a certified historic building, thoughtfully renovated by City Systems, a locally owned and well-respected builder that was among those that led the charge in revitalizing many neighborhoods throughout the City of Wilmington. The Delaview building, officially known as Delaview Apartments by City Systems, is an 18-unit historic brick apartment community located at 709–711 N. Broom Street in Wilmington, Delaware. Nestled in the desirable Cool Spring–Tilton Park neighborhood, this exceptional property features eighteen one-bedroom apartments that beautifully combine timeless architectural character with modern conveniences. A stunning new entry courtyard welcomes residents and visitors, creating an impressive first impression and setting the tone for the property's thoughtful renovations. Each apartment features fresh paint, refinished hardwood floors, spacious sun-filled living rooms, comfortable sun-filled bedrooms, and an eat-in kitchen equipped with a refrigerator and gas range. Historic details have been carefully preserved throughout, including original built-in china closets and pantries that add distinctive charm and character. The generously sized bathrooms feature classic subway-tiled tub/shower combinations, mosaic tile flooring, and convenient linen closets. Each apartment is equipped with individually controlled heating and air conditioning, providing year-round comfort. Residents also enjoy access to a common laundry facility located on the lower level. Tenants pay their own gas and electric utilities, which are separately metered, while ownership is responsible for water and sewer service. Additional income potential is provided by eight garage parking spaces located in the lower-level garage. A long-term lease with AT&T offers stable supplemental revenue and further strengthens the property's investment profile. A recently installed roof provides added peace of mind and reduces future capital expenditure concerns. The property also presents compelling value-add opportunities, including the potential conversion of lower-level space into an additional apartment, office, or maintenance personnel housing, creating the possibility for increased income and long-term appreciation. Conveniently located near shopping, parks, restaurants, and Interstate 95, Delaview Apartments offers residents easy access to local amenities while preserving the charm and character of a historic residential community. This professionally managed asset represents a rare opportunity to acquire a well-maintained historic multifamily property with stable income, additional revenue streams, and future upside potential.

Highlights

Listed by Meredith S Rosenthal , 3025471334 and Victoria A. Lawson , 3027432925 Long & Foster Real Estate, Inc. , 3023515000. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.42

Year Built

1931

County

New Castle

Area

Wilmington (30906)

School District

Red Clay Consolidated

Listing ID

DENC2109566

Questions about this listing?

Contact Agent

Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Ceramic Tile,Hardwood
Water:Public

Exterior Features

Lot:Backs - Open Common Area,Corner,Front Yard,Landscaping,Rear Yard,SideYard(s),Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:132.00 x 140.00
Garage Capacity:8
Zoning:Multi-Family
Roof:Flat
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:Lighted Parking,Private Garage,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$27,344
Taxes
$1,220

Home Price

$4,999,999

Loan Details

30 yrs
7.271%

Down Payment

20%
$1,000,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,344.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,344.04 $1,220.42 $0.00 $28,564.46
Yearly $328,128.53 $14,645.00 $0.00 $342,773.53
Total $9,843,855.79 $439,350.00 $0.00 $10,283,205.79
Lender profile image
Chico Gordy
Test
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Wilmington, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T05:05:10.000Z

© 2026 Bright MLS