Semi-Detached Single-Family
2004 N BROOM STREET Wilmington, DE 19802
New
For Sale
$329,900
SINGLE_FAMILY - WILMINGTON, DE
Property Size1,625 SF
Price / SF$203.02
Days on Market3
Property Features for 2004 N BROOM STREET
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2
- Standard status
- Active
- Size
- 1,625 SF
Building Details
- Year built
- 1957
Listing Agency:
BHHS Fox & Roach Hockessin-Pike Creek Home Marketing
(302) 999-9999
Listed By:
Scott Farnan · License #R3-0019815
(302) 528-8276
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 24 at 4:06AM
MLS# DENC2107696
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to a brick semi-detached home offering about 1,625 square feet of living space. The main level features spacious living and dining areas with refinished hardwood flooring. The kitchen has been updated with new countertops, cabinets, flooring, and appliances. Upstairs, hardwoods continue through well-proportioned bedrooms and updated bathrooms.
A full basement provides additional storage and flexibility for future use. A detached one-car garage offers convenient off-street parking.
Located in Wilmington, the home is described as near Brandywine Park, downtown Wilmington, restaurants, shopping, major employers, I-95, and the Wilmington Train Station, supporting an easy commute to Philadelphia, Newark, and surrounding areas.
A full basement provides additional storage and flexibility for future use. A detached one-car garage offers convenient off-street parking.
Located in Wilmington, the home is described as near Brandywine Park, downtown Wilmington, restaurants, shopping, major employers, I-95, and the Wilmington Train Station, supporting an easy commute to Philadelphia, Newark, and surrounding areas.
Key Highlights
- Brick semi‑detached home built in 1957 with over 1,600 SF of living space
- 3 bedrooms and 2.5 bathrooms
- Refinished hardwood flooring in the main level living and dining areas
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $16.20 |
| − Vacancy | −$1.7k | −$1.05 |
| EGI | $24.6k | $15.15 |
| − OpEx | −$7.4k | −$4.54 |
| NOI | $17.2k | $10.60 |
1,625 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$246.1K
$215.4K – $287.2K
NOI $17,230 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$219.9K
$192.4K – $256.5K
NOI $15,392 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$388.7K
$340.1K – $453.5K
NOI $27,208 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Brick semi-detached home with three bedrooms, two and a half baths, refinished hardwoods, and a detached one-car garage.
Where is this duplex located?
The property is located at 2004 N BROOM STREET Wilmington, DE.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Brick semi‑detached home built in 1957 with over 1,600 SF of living space; 3 bedrooms and 2.5 bathrooms; Refinished hardwood flooring in the main level living and dining areas
