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Executive Summary

SB Real Estate is pleased to present the opportunity to acquire 2901 N Broom Street “the Property”, a boutique apartment community in the Baynard Village neighborhood of Wilmington. The property comprises 11 apartment units. A mix of 8 one-bedroom and 3 two- bedroom apartments.
The Property is located on a scheduled Wilmington block only minutes away from Salesianum School and the ramp to I-95 and Amtrack Train Station, providing various ways to access.
8 One-Bedroom Units and 3 Two-Bedroom Units.
70% of the Units have been recently updated.
Freshly Painted Hallways and Carpeting
Additional Storage Rooms in the Lower Level.
Ample Off-Street Parking

Property Facts

Price $2,342,605 CAD
Price Per Unit $212,964 CAD
Sale Type Investment
Cap Rate 6%
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.09 AC
Building Size 8,670 SF
No. Stories 3
Year Built/Renovated 1940/1953
Zoning 26R-2A - R-2-A zoning classification is a residential district designed to preserve historical, fine residential neighborhoods

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 11 - 700 - 1,000
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
26-008.30-072
Land Assessment
$304,886 CAD
Improvements Assessment
$952,891 CAD
Total Assessment
$1,257,777 CAD
  • Listing ID: 40520588

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 2901 N Broom St, Wilmington, DE 19802

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